2024 (9) TMI 1752

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....hnical) [Arun Baroka] Member (Technical) For Appellant : Mr. A.K. Shrivastava, Mr. akash Sharma and Mr. Rishav Ranjan, Advocates For Respondent : Mr. Anoop Prakash Awasthi, Mr. Parthvi Ahuja and Mr. Prapti Singh, Advocates for Liquidator. ORDER (Hybrid Mode) Heard Counsel for the Appellant and Learned Counsel for the Liquidator Mr. Anoop Prakash Awasthi. This Appal has been filed agains....

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....ate Debtor being I.A. No.1687/KB/2023. It is submitted that the Appellant has deposited the entire sale consideration and the possession letter was also issued by the Liquidator on 04.02.2023 and sale agreement was executed on 20.03.2023. The order on the application for dissolution was reserved by the Adjudicating Authority on 04.01.2024 which was allowed by the Adjudicating Authority by the impu....

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....rred to the sale notice dated 20.10.2022 which accorded to the Appellant was sale as 'as is what is basis, whatever there is basis and no recourse basis''. Learned Counsel for the Appellant submits that Liquidator has also filed an application before the Adjudicating Authority for recall of the order dated 10.05.2024, which is pending for consideration and listed for 04.09.2024. We have heard th....