2019 (9) TMI 961

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....r The Respondent : Mr Shadab S Jan ORDER 1. Petitioner has filed this Petition under Section 7 of IBC, 2016 for initiation of CIRP against Rolta India Limited for the realisation of Rs. 1233,54,79,298/- due as on 7.9.2018. 2. Ld. Counsel representing the Corporate Debtor submitted that this petition had been filed based on Reserve Bank of India's circular dated 12.2.2018, which was under ....

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.... the primary agenda for the meeting viz. Status of NCLT application. Minutes of the last consortium meeting dated 13.11.2018 was confirmed by all the lenders. All the lenders expressed concern over non-participation by the company. Status of issuance of NOC for disinvestment as requested by the company during the last consortium meeting was discussed. It was informed by representatives of....

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....the exclusive security. It was also informed that Band Holders and one of the operational creditor viz. Akbar Travels have filed application with NCLT. Lead Bank informed that with RBI Circular dated 12.2.2018, application has been filed with NCLT under IBC, 2016 on 10.9.2018 in Mumbai Bench. The application came up for hearing on 25.1.2019. However, it was deferred furt....