TaxTMI 
TaxTMI 
2019 (8) TMI 1486
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....Pankaj Jain, Adv. ORDER CHIEF JUSTICE M.M. KUMAR, PRESIDENT - 1. The proceedings in the present petition have been revived in view of the order, dated 23.04.2019, passed by the Hon'ble Appellate Tribunal in Company Appeal (AT) (Insolvency) No. 592 of 2018. The petition has been filed on the pro forma prescribed by Adjudicating Authority Rules. In part IV of Form-1 the details of financial d....
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....ated 12.07.2019. 3. Learned Counsel for the petitioner has argued that all requirements of Section 7 of the Code for initiation of Corporate Insolvency Resolution Process stand fulfilled and accordingly the present petition deserves admission. 4. Having heard the learned counsel for the Financial Creditor and having perused the paper book with his able assistance we find that the provisions of S....
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....A-002/IP-N00130/2017-18/10546 and address A 1404, The Resort, Sector 75, Faridabad, Haryana - 121004 as named by the financial creditor is appointed as IRP. He has filed his written communication, dated 14.05.2019 [Annexure- 2 with CA-1139(PB)/2019] under Rule 9 of the Adjudicating Authority Rules, 2016. 7. We also declare moratorium in terms of Section 14 of the Code. It is made clear that the p....
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....ect the Financial Creditor to deposit a sum of Rs. 1 lac with the Interim Resolution Professional namely Mr. Gyaneshwar Sahai to meet out the expenses to perform the functions assigned to him in accordance with Regulation 6 of Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Person) Regulations, 2016. The needful shall be done within three days from the date of....