2021 (8) TMI 1245

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....ON VERSUS MR. V.P. SINGH, MEMBER (TECHNICAL) For the Appellant : Mr. Jayant Mehta, Sr. Advocate with Mr. Kush Chaturvedi, Mr. Rushali Agarwal, Mr. Dharam Junani, Mr. Kunal Mehta, Mr. Suraj Iyer, Advocates. For the Respondent : Mr. Girish Kedia, Ms. Shivangi Kedia, Mr. Mohit Chaudhary, Ms. Garima Sharma, Advocates. ORDER (Virtual Mode) Heard Learned Sr. Counsel for the Appellant 2....

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....ny reason to grant any Interim Relief as procedure under IBC are time bound and delay would defeat the objective of IBC. 5. The Corporate Debtor through IRP has not been made Respondent. Appellant to array the Corporate Debtor through IRP as Respondent No. 2. Notice be served on Respondent No. 2. Learned Counsel for Respondent No. 1 is present. 6. The Appellant/Promoters/Directors of the 'Co....

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....ofessional' will place this order before the Banks, in which accounts of 'Corporate Debtor' are maintained. The Bank Account(s) of the 'Corporate Debtor' be allowed to be operated through IRP/RP 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. 7. Respondents on service to file Re....