https://www.taxtmi.com/caselaws?id=288838 The settlement status between the parties remains unresolved as confirmed by the Operational Creditor's counsel. There is a procedural issue regarding the constitution and functioning of the Committee of Creditors, which was formed but did not convene a meeting. The State Bank of India is directed to be impleaded as the 3rd Respondent without the need for further notice. The Respondents are given deadlines to file their reply-affidavit and rejoinder. The case is set for an 'Admission (After Notice)' hearing on 5th December 2019, with the interim order from 23rd October 2019 to continue until then. en-us Mon, 18 Nov 2019 00:00:00 +0530 Thu, 02 Jul 2020 08:05:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288838 The settlement status between the parties remains unresolved as confirmed by the Operational Creditor's counsel. There is a procedural issue regarding the constitution and functioning of the Committee of Creditors, which was formed but did not convene a meeting. The State Bank of India is directed to be impleaded as the 3rd Respondent without the need for further notice. The Respondents are given deadlines to file their reply-affidavit and rejoinder. The case is set for an 'Admission (After Notice)' hearing on 5th December 2019, with the interim order from 23rd October 2019 to continue until then. Case-Laws Insolvency and Bankruptcy Mon, 18 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288838