2018 (9) TMI 1886

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..... Mukhopadhaya, Chairperson And Mr Bansi Lal Bhat, Member (Judicial) For The Appellants : Mr. Udayaditya Banerjee, Advocate For The Respondent : Mr. Rajeev K. Pandey and Mr. Rajeev M. Roy, Advocates ORDER This appeal has been preferred by 'Corporate Debtor' and another against the order dated 5th March, 2018 passed by the Adjudicating Authority (National Company Law Tribunal) Mumbai Be....

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....vency and Bankruptcy Code, 2016 by the Respondent Bank and there being a continuous cause of action the application was not barred by limitation or laches. Apart from that a decree having already passed in favour of the 'Financial Creditor' and recovery certificate having been issued, we find there is a default on the part of the 'Corporate Debtor'. In these circumstances learned counsel appearing....