AI Drafter 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2018 (3) TMI 1811
X X X X Extracts X X X X
X X X X Extracts X X X X
....Mishra, M/S.Mamata Tripathy For The Respondent. Heard. In this writ petition, the petitioner happens to be a Company registered under the provisions of the Companies Act and is represented thorough its Company Secretary. The petitioner company claimed that they have obtained loan from a consortium of Bank, but the total amount is less than Rs. 5,000 crores. As per the guideline issued by the....
X X X X Extracts X X X X
X X X X Extracts X X X X
....or the petitioner that no such resolution has been made by the Bank. He also drew attention to the Court to annexure-4 where the petitioner has made a representation to the Deputy General Manager that its outstanding is below Rs. 5,000 crores. Hence to discuss the matter for debt Resolution Plan. However, no such decision has been taken. In that view of the matter, this Court finds that a....