2020 (1) TMI 842

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....Judicial Member Shikhil Suri, Shiv Kumar Suri and Ms. Shilpa Saini, Advs. for the Appellant. Ms. Neha Rai, Shiv Ahlawat, Rishabh Jain, Advs. and Kailash C. Jain for the Respondent. ORDER 1. 'M/s. Aaarti Security Services' filed an application under Section 9 of the 'Insolvency and Bankruptcy Code, 2016 (for short, 'the I&B Code') for initiation of the 'Corporate Insol....

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....d the application and appointed the same very 'Interim Resolution Professional' - Mr. Kailash Chander Jain. The 2nd order is under challenge in 'Company Appeal (AT) (Insolvency) No. 929 of 2019'. 3. Initially, when the matter was taken up, the learned counsel for the Appellant argued the case on merit. Subsequently, on 30th September, 2019, it was informed that the Appellant in &#....

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.... Services' and the Appellant - 'Sarita Vishal, relevant of which reads as follows: "5. To resolve the issue both parties have amicably arrived on the settlement and the both agreed as per the details below: i. Rs. 10,00,000/- (Ten Lacs) to be paid by the Second Party on 05.12.2019 before Hon'ble NCLAT, New Delhi. ii. Second Party agrees to pay balance amount sum of Rs. 30,00,000/....

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....mber, 2019 has been filed in 'Company Appeal (AT) (Insolvency) No. 929 of 2019' reached between the 'Anupam Enterprises' and the Appellant 'Sarita Vishal' whereby 'Anupam Enterprises (Operational Creditor) has confirmed that it has already received the claim amount, which stands settled. 6. So far as the fees of the 'Interim Resolution Process' is concerned, Mr....