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2021 (6) TMI 650 - AT - Insolvency and BankruptcyPayment of LCs were made by debiting the Cash Credit Account - GST refund - adjustment of the said amount to settle the liability on account of the LCs opened during pre-CIRP period - HELD THAT:- The agenda reveals that the Members of the PNB (Appellant herein) has agreed to revert the aforesaid amount. There are no illegality in the impugned order passed by Ld. Adjudicating Authority, National Company Law Tribunal, Special Bench, Chennai - appeal dismissed.
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