2020 (12) TMI 873

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.... A.I.S. Cheema] Member (Judicial) And [Dr. Alok Srivastava] Member (Technical) For the Appellant : Shri KV Balakrishnan and Shri T. Ravichandran, Advocates Ravindra Beleyur, Liquidator For the Respondent : Shri Aditya Gupta, Shri Jayant Mehta, Shri Surya Kapoor and Ms. Smiti Verma, Advocates ORDER Heard Counsel for the Appellant. The learned Counsel for the Appellant states that the Ap....

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....rred to his Rejoinder (Diary No.23630) and e-mail sent by the Respondent and states that the Respondent has some time back expressed desire and intention to cooperate. It is stated that the Respondent has, in fact, now been cooperating. 3. The learned Counsel for the Appellant states that the Adjudicating Authority in para - 8 of the Impugned Order made comments against the Appellant that the A....

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.... Director of the Corporate Debtor, Deepak Cables (India) Limited. The aforesaid applications have been filed by the applicant, who is the liquidator, seeking certain directions against me although I have not been formally made a party to the applications. At the outset I deny the allegations made against me in their entirety and the applications are totally misconceived. I state that I ne....

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....o as reproduced above, we do not find that any Orders as such giving directions to the Respondent are necessary. 8. As regards the contention of the learned Counsel for the Appellant for remarks as have been made in Impugned Order against Appellant, the observations of the Adjudicating Authority will not be taken as adverse remarks but observations in the context of examining the dispute raised....