2023 (7) TMI 1397

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....SHAN, CHAIRPERSON AND MR. BARUN MITRA, MEMBER (TECHNICAL) For the Appellant : Mr. Kanishk Ahuja, Advocate For the Respondent : None ORDER Heard Learned Counsel for the Appellant. 2. This Appeal has been filed against the Order dated 16.05.2023 by which Section 7 Application filed by the Appellant has been rejected as barred by Section 10A. 3. Corporate Debtor is corporate guar....

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....s as under: "To Date; 16th Oct 2020 1) SUPREME CONSTRUCTION AND DEVELOPERS PRIVATE LIMITED, U45200MH2005PTC157311 OFF-12, CTS NO - 410, S.I.C.H.S. Ltd Next to Acres Club, Hemu Kalani Marg, Chembur Mumbai Mh - 400071 [email protected] [email protected] 2) MR. LALIT KUMAR SHYAM (earlier ....

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.... borrower and you, addressee nos. 1 and 2, have confirmed and acknowledged under Loan cum Guarantee Agreement dated 02nd April 2018 (said "Agreement") ......." 7. When the Financial Creditor has invoked the corporate guarantee of the corporate guarantor by the notice dated 16.10.2020 and asked the corporate guarantor to make the payment within seven days from the receipt of the notice,....