2019 (8) TMI 1798

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....a, Chairperson, Justice A.I.S. Cheema, Member (Judicial) And Kanthi Narahari, Member (Technical) For the Appellant : Mr. Rajesh Bohra, Advocate. For the Respondents : Ms. Shweta Kapoor, Advocate, Mr. G. Madhusudhan Rao, Advocate - Liquidator. ORDER The Appellant, who claimed to be a 'Resolution Applicant' has preferred this appeal against the order dated 4th February, 2019 passed by th....

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....adhusudhan Rao, Learned counsel appearing on behalf of Liquidator submits that none of the 'Plan' were found to be viable and feasible. It is also submitted that now more than 270 days have passed and an application u/s 33(1) read with Section 34 was filed before the Adjudicating Authority. 5. Learned counsel for the Appellant submits that the Appellant has filed an application before the Adjud....

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....an application preferred by the Appellant. 6. For the reason aforesaid, we are not inclined to interfere with the Impugned Order dated 4th February, 2019 whereby Adjudicating Authority issued liquidation order , however, we make it clear that Liquidator is to act in terms of the decision of this Appellate Tribunal passed in Company Appeal (AT) (Insolvency) No. 224 of 2018 in the matter of Y. Sh....