2019 (9) TMI 1344

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... (Judicial) AND Kanthi Narahari, Member (Technical) For the Appellant : Mrs. Vibha Datta Makhija, Sr. Advocate with Mr. Karuppaiah, Mr. Reghunatha, Ms. Kanika, Mr. Praveen Gaur, Advocates For the Respondent : Mr. R.P. Agrawal, Mr. Prateek, Ms. Bhumika, Advocates ORDER This appeal has been preferred by 'Shaji Purushothaman', Director of 'Empee Distilleries Ltd.' ('Corporate Debtor') against the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anted liberty to move an application within two weeks before the Adjudicating Authority ('National Company Law Tribunal'). 3. It is informed that the Appellant in the meantime has settled the matter with 'Union Bank of India' and some other 'Financial Creditors'. The Appellant moved a miscellaneous application with prayer for setting aside the order dated 1st November, 2018. 4. The Adjudicating ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....learned counsel for the Appellant submits that the Appellant is ready to settle the claim with all the Creditors including 'M/s. Edelweiss Asset Reconstruction Company Ltd.' 7. However, Mr. R.P. Agarwal appearing on behalf of 'Union Bank of India' submits that the 'Resolution Plan' has already been approved by the 'Committee of Creditors' after taking into consideration the claim of the 'M/s. Ede....