2021 (6) TMI 602

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....njan Prasad, Member (T) For the Respondents : Kunal Kanungo, Rahul Parasrampuria and Atishay lain, Advs. ORDER Sucharitha R., Member (J) 1. This application is filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred as "the Code") read with Rule 11 of the National Company Law Tribunal Rules, 2016 by Mr. Vinod P. Ambavat, Resolution Professional (here....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ess (Hereinafter referred as "CIRP") against the Corporate Debtor and appointed Mr. Vinod P. Ambavat as the Interim Resolution Professional (Hereinafter referred as the "IRP"). The public announcement was made in two newspaper, namely, "Pioneer" in English edition and "Swadesh" in Hindi edition dated 06.10.2019 calling upon the creditors to submit their proof of claim. The IRP was appointed as the....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....w.e.f. 31.03.2020 for a further period of 90 days. 4. The applicant states that the erstwhile Director of the Corporate Debtor had challenged the Order dated 03.10.2019 before the Hon'ble NCLAT and again before the Hon'ble Supreme Court. The Hon'ble Apex Court vide Order dated 18.06.2020 in Civil Appeal No(s). 2211/2020 had directed the erstwhile Director to make the payment of Rs. ....