2020 (4) TMI 892

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....r V.K. AND Mr. Ravikumar Duraisamy, JJ. For the Applicant : Mr Ayush Agarwala, i/b K-Law, Advocates, a/w Ms Priya Geddi, representative of Axis Bank Limited. For the Corporate: Mr Harshad Shah, IRP in person. ORDER Rajasekhar V.K., J. 1. This is an Interlocutory Application (IA) filed by Axis Bank Limited, acting on behalf of the Committee of Creditors (CoC) of Tribho....

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....and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The Committee of Creditors (CoC) was duly constituted with Axis Bank Limited as the sole financial creditor. 4. Meanwhile, one Mr Hemant Zaveri challenged the order of admission dated 16.12.2019 before the Hon'ble National Company Law Appellate Tribunal (NCLAT). This Company Appeal (AT) (Insol....

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....der before the Banks, in which accounts of 'Corporate Debtor' are maintained. The Bank Account(s) of the 'Corporate Debtor' be allowed to be operated for day-to-day functioning of the company such as for payment of Current Bills of the Suppliers, Salaries and Wages of the employees/ workmen, electricity bills etc." The Appeal is under consideration before the Hon'ble NCLAT. 5. The first meet....