2023 (2) TMI 1180

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....y ) No. 1164 of 2022 - -<br>Insolvency & Bankruptcy<br>[ Justice Anant Bijay Singh ] Member ( Judicial ) And [ Mr. Kanthi Narahari ] Member ( Technical ) For the Appellant : Mr. Vivek Sinha , Mr. Vivek Malik and Mr. Shubham , Advocates For the Respondent : Mr. Ashish Chaudhary and Mr. Anand Kamal , Advocates ORDER Heard Learned Counsel for the Appellant and Respondent at length. 2. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ken on record. 4. Learned Counsel for the Appellant during the course of argument referred to the provisions of Section 36(3)(i) of the Insolvency and Bankruptcy Code, 2016 and submitted that the order impugned passed by the Adjudicating Authority is bad in law, even if the subject matter property is disposed of and all proceeds of liquidation as and when they are realised are to be kept in liq....