2019 (8) TMI 1035

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....And Mr Kanthi Narahari, Member (Technical) For The Respondents : Mr. Suresh Dutt Dobhal, Ms. Sonakshi Dhiman, Advocates  ORDER The Respondent Phoenix ARC Pvt. Ltd. has filed an application against Deegee Cotsyn Pvt. Ltd. ('Corporate Debtor'). The same having been admitted by order dated 26th February, 2019 by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, Mumba....

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....move an application to amend the cause-title stating that the erstwhile Directors do not represent the Company, but are filing the appeal as persons aggrieved by the impugned order as their management right of the Company has been taken away and as they are otherwise affected as shareholders of the Company. According to us, once an insolvency professional is appointed to manage the Company, the er....