2023 (5) TMI 446

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....esh Banati, Adv., Mr. Ashish Sareen, Adv., Mr. Vikram P. Singh, Adv., Ms. Aanchal Mullick, Adv., Mr. Ankit Banati, Adv. And Mr. E. C. Agrawala, AOR For the Respondent(s) : Mr. Dhruv Mehta, Sr. Adv., Ms. Pooja Dhar, AOR, Mr. Vikas Mishra, Adv., Mr. Arihant Jain, Adv., Mr. Sachit Gawri, Adv., Mr. Aayush Garg, Adv. And Ms. Vidushi Chaudhary, Adv. ORDER Heard learned counsel for the appellant as al....

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....by the said order was before the NCLAT. It is in that circumstance, the NCLAT had passed the judgment dated 10.08.2020 which is impugned herein. Having heard learned counsel for the appellant as also learned senior counsel for the respondent at some length, we notice that the NCLAT having referred to the nature of the claim made has taken note that the amount as claimed by the appellant herein wa....

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....sently, we note that in the rival contentions which are urged before us though reliance is placed by the respondent herein to the confirmation of balance through the e-mail dated 17.05.2018, the appellant herein is disputing the same to be a genuine document. It is no doubt true that as contended by the learned senior counsel for the respondent a mere denial would not suffice. Be that as it may, ....

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.... above Rs.22,56,833/- was due and if the conclusion was to the effect that the amount above Rs.22,56,833/- was due, the NCLAT would have been justified in remitting the matter to the NCLAT . Presently, it is not in dispute that insofar as the said amount of Rs.22,56,833/-, the appellant have already deposited the same before the NCLT. Therefore, in the present circumstance we are of the opinion t....