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2020 (12) TMI 1347 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHIStay of the impugned order as regards making the payment of IRP costs - Appellant says that the direction in clause 4 is capable of being construed as direction against original Corporate Debtor, ‘Arcelormittal Nippon Steel India Limited’ - HELD THAT:- Prima facie it appears that the Resolution Applicant has been treated as the Corporate Debtor but that would be the subject of determination when the matter is heard. The tone and tenor of the aforesaid clause 4 is bound to raise the apprehension in the mind of the original Corporate Debtor that this direction has been passed against it and in the event of non-compliance the consequences as spelt out in clause 5 of para 68 may ensue. List the appeal along with Company Appeal (AT) (Insolvency) No. 1038 of 2020 ‘for admission (after notice)’ on 22nd January, 2021.
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