2023 (11) TMI 376

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....2023<br>Company Appeal (AT) (Ins.) No. 1269 of 2022 & I.A. No. 3900 of 2022 - -<br>Insolvency & Bankruptcy<br>[Justice Ashok Bhushan] Chairperson , [Mr. Barun Mitra] Member (Technical) And [Mr. Arun Baroka] Member (Technical) For the Appellant : C.S. Sachin Sinha (PCS), Mr. Shravan Shukla, Ms. Tejaswi Kumar, Advocates For the Respondent : Mr. Rajendra Beniwal, Mr. Rajat Kashyap, Mr. Saksham ....

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.... months totaling to Rs. 48 lakhs in the account of Corporate Debtor; (d) Pass such other order(s) and/or direction(s) in the interest of justice which this Hon'ble Tribunal deems fit." 3. In this appeal when the appeal was heard this Tribunal passed an order on 19.10.2022 directing the appellant to hand over the machine within 15 days. In pursuance of our order, it is submitted on beha....

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.... Ref.no. WO/SECR/CHHINDWARA-32/2015-16(copy attached herewith) and in the audited year 2017-18 we had to take Rs.3981955.00 and Rs.611908.00 in total 4593863.00 against work done (The account ledger attached herewith) which reflects in audit financial books. On 31/08/2018 we had last sent a mail of the outstanding amount with interest and loss (copy enclosed herewith). After that in face to face m....

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.... 9. In so far as the direction to pay usage charges it is clear that there has been no rental agreement between the parties for any usage charges and machine was given to the operational creditor by the director of the Corporate Debtor in lieu of the certain dues which Corporate Debtor owe to the appellant which is reflected in letter dated 08.06.2021. 10. As noted above, the appellant could no....