2020 (2) TMI 1595

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....OPADHAYA, CHAIRPERSON AND ALOK SRIVASTAVA, MEMBER (TECHNICAL) For the Appellant : Mr. Abhinav Hansaria and Mr. Nikhil Sharma, Advocates. ORDER The Appellant- 'Lloyd Insultations (India) Ltd.' moved an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 for initiation of 'Corporate Insolvency Resolution Process' against 'M/s. Sintex Prefab and Infra Limited'- ('Corporat....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ined by 'M/s. Lloyd Insultations (India) Limited' (Appellant). 5. In view of the pre-existence of dispute, it is not desirable to decide whether the dispute raised by the Respondent is genuine or not which can be decided by Court of Competent Jurisdiction and not by the Adjudicating Authority or this Appellate Tribunal. In absence of any merit, the appeal is dismissed. No costs. =========....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s, we are not sure that when the same will be handed over to us. CW/ACW pipe laying work: 1. Due to severe shortage of the man power, the work is progressing in pockets and all fronts work is not taken up. 2. 3. Due to non-availability of End cap the back filling near the Condenser pit is pending. Work progress is hampered / disrupted regularly on account of funds required by your sub- c....