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2021 (3) TMI 1324

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....isc. A. No. 32/CTB/2020 And Ors. - -<br>Insolvency & Bankruptcy<br>Hon&#39;ble Member, Ms. Sucharitha R. (J) And Hon&#39;ble Member, Shri Satya Ranjan Prasad (T) CA No. 58/CTB/2020, IA No. 344/CB/2020, IA No. 333/CB/2020 For the Petitioner : None. For the Respondent : Joy Saha, Sr. Adv., Ratnanko Banerjee, Sr. Adv. ORDER IA No. 333/CB/2020 is filed by the State Bank of India seeking liquidat....

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....derable delay in honouring the commitments. Hence, this application is made seeking extension of time. The Ld. counsel further states that the resolution applicant and State Bank of India are negotiating for settlement, and that the settlement talks are in final stages. Considerable amount has been paid to SBI, and substantial payment shall be made on or before 31.03.2021. The negotiations are in ....

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