2022 (4) TMI 1657

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....y<br>Justice Ashok Bhushan, Chairperson And Ms. Shreesha Merla, Member (Technical) For the Appellant: Mr. Rohit Gupta, Ms. Rubina Khan, Advocates. For the Respondent: Mr. Rajeev K Pandey, Mr. Rajeev M Roy, Advocates for R-2, Mr. Mayank Kshirsagar, Darryl Pereira, Advocates for IRP/R1. ORDER VIRTUAL MODE This Appeal has been filed against the Order dated 16th December, 2021 passed by the Adju....

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....e Court on 26th November, 2018 passed an Interim Order which is to the following effect: "Application seeking exemption from filing certified copy of the impugned order is allowed. Issue notice. There shall be stay of insolvency proceedings in the meantime." 2. Subsequently the Civil Appeal No. 11020 of 2018 was allowed by the Hon'ble Supreme Court vide Judgment dated 02nd September, 2019....

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....e IA 3251 of 2019, constituting to Rs. 30,81,719/-(Rupees Thirty Lakhs Eighty-One Thousand Seven Hundred and Nineteen Only) is to be paid by the Financial Creditors i.e. IndusInd Bank and Abhyudaya Co-operative Bank Limited proportionately as per their total share as members of the CoC i.e. IndusInd Bank holding 93.96% to pay Rs. 28,95,583/- (Rupees Twenty-Eight Lakhs Ninety-Five Thousand Five Hun....

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....aragraph 17 and the Paragraph 18 is to the following effect: "18. Further apart from the above fees, the other expenses as indicated at page no. 13, Item B, C, D and E of the IA 3251 of 2019, aggregating to Rs. 5,34,119/- (Rupees Five Lakhs Thirty-Four Thousand One Hundred and Nineteen Only) is to be paid by the Corporate Debtor)" 7. When the Hon'ble Supreme Court by Interim Order dated 26th N....