2020 (2) TMI 384

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.....Banerjee, Adv. Mr.P.Dutta, Adv. for petitioner/award-debtor Mr.Sudip Deb, Adv. Mr.D.Jain, Adv. for respondent /award-holder ORDER The Court : This application is by the petitioner /award-debtor for recalling of an order passed by this Court on 10th January, 2020 by which the petitioner /award-debtor was disallowed from taking recourse to the provisions of The Insolvency and Bankruptcy Code,....

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....case has been made out by the petitioner warranting recalling of the order impugned. Having heard learned counsel for the parties and upon a careful reading of paragraph 10 of the order, there does not appear to be any finding in the said paragraph or the award being binding on the petitioner or any suggestion to that effect. A portion of paragraph 10 which is the crux of the objection is set ou....

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....n declared to be over, no further embargo remains for continuing to hear suits and other proceedings to which the Corporate Debtor (the petitioner in this case) is a party." The above extract would show that the only question which was before the Court was whether the Section 34 can be proceeded with in view of the objection taken by the petitioner that the respondent /award-holder has not filed....