2019 (9) TMI 331

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.... A. I. S. Cheema, Member (Judicial) For The Appellant : Mr. Rajeev K. Panday, Mr. Vivek Singh and Mr. Swastik Dalai, Advocates For The Respondents : Mr. Dhiren Shah, Liquidator ORDER This appeal has been preferred by 'Mr. Hemanth Meka Rao', Shareholder of 'M/s. Meka Dredging Company Private Limited'- ('Corporate Debtor') against the impugned order dated 20th September, 2018. By the said order....

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....ned counsel for the Appellant pointed out that the 'Corporate Debtor' (Company) can be saved by passing appropriate order under Section 230 of the Companies Act, 2013. 4. It was in this background, an interim order was passed on 30th January, 2019 prohibiting the liquidator or the Adjudicating Authority to take step to sell or transfer or alienate or make third party encumbrance on the movable o....