2019 (2) TMI 1114

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....dv. Mr. A. Venayagam Balan, AOR For Respondent : Mr. Nalin Kohli, Adv. Mr. Ankit Roy, Adv. Mr. Aditya Gaggar, Adv. Ms. Nimisha Menon, Adv. Mr. indrajeet Singh, Adv. For Mr. Amarjeet Singh, AOR ORDER 1. The present appeal arises out of the impugned judgment dated 12th July, 2018, passed by the National Company Law Appellate Tribunal [hereinafter 'NCLAT' for brevity] in Company Appeal (AT) (Insol....

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....nkruptcy Rules, 2016 (hereinafter referred to as "I&B Rules") to commence Corporate Insolvency Resolution Process in respect of the Corporate Debtor. 3. Adjudicating thereupon, the NCLT passed an order dated 02.02.2018 admitting the Petition in respect of Appellant and R.No.3, but holding that the Petition in respect of R.No.2 was not maintainable as he was estopped from triggering Corporate Inso....

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....aid order dated 12.07.2018 passed by the NCLAT, the appellant is before this Court by way of the instant appeal. 6. We have heard learned counsel for the parties and perused the material on record. When the matter was taken up on 30.11.2018, this Court was of the view that the dispute between the parties could be settled amicably, to which the parties also expressed their willingness for settling....