2021 (9) TMI 1427

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....ghty-eight thousand four hundred thirty only). 2. The facts in brief are that the financial debt of the financial creditors Rs. 2,00,88,434/- including interest that has accrued in favour of the Financial Creditors on account of deposits made by them, which is payable in terms of order dated 06.06.2018 passed by SEBI. The working for computation of amount and days of default has been attached to the amended application marked as Annexure - 4 (page 242-264). 3. On perusal of the record it is found that despite giving several opportunities, no reply has been filed by the corporate debtor. Even during the final hearing none remained present on behalf of the corporate debtor. Therefore, the matter is heard in absence of the corporate debt....

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....an order for liquidation of Corporate Debtor under Section 33, as the case may be. 4. That the Bench hereby prohibits the institution of suits or continuation of pending suit or proceedings against the Corporate Debtor including execution of any judgment, decree or order in any Court of law. Tribunal, Arbitration Panel or other Authority(s), transferring, encumbering, alienating or disposing of by the Corporate Debtor any of its assets or any legal right or beneficial interest therein; any action to foreclose, recover or enforce any security interest created by the Corporate Debtor in respect of its property including any action under the SARFAESI Act, 2002 the recovery of any property by an owner or lessor where such property is o....