2016 (11) TMI 1717

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....6<br>IA 31/NCLT/AHM/2016 in TP No. 100/397- 398/NCLT/AHM/2016 (New) C.P. No. 51/397- 398/CLB/MB/2015(OId) - -<br>Insolvency & Bankruptcy<br>HON'BLE MR. M.K. SHRAWAT MEMBER (JUDICIAL) ORDER 1. From the side of the Respondent no. 2, Learned PCA Mr. Pradeep Mutreja present. 2. No one is present from the side of the Petitioner, as it happened in the past as well. 3. When the court assemble....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....erlocutory Application is that the permission for operation of the accounts may be granted, so that certain statutory compliances such as payment of Govt. taxes namely, commercial tax etc. can be made. 8. Considering the totality of the facts and circumstances of the case, as well as. on perusal of the Petition in question and the reply of Respondent no. 2 and reply of Respondent no. 9 as on re....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....equired. This interregnum arrangement for operation of the bank account is for a limited period ending on 30.12.20 16. b. The Petitioner and Respondent no. 2&3 are hereby directed to hold AGM of R-1 to complete the legal formalities pending so that the statutory compliances under several statutes such as Companies Act, Income Tax Act etc. can be finalised. The parties are directed to form....