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2021 (9) TMI 693 - AT - Insolvency and BankruptcyLevy of penalty - Corporate Debtor alleged shortage of supply of Coal and the amounts were never paid - allegations of short supply were strongly denied by the ‘Operational Creditor’ and no payments made - HELD THAT:- On a query from the Bench, Learned Counsel for the Respondent has fairly conceded that the observations made, do touch upon the merits of the case and that he has no objection to the same being expunged. Keeping in view the facts and circumstances of the case and the observation made in these two Paras, relevant paras of the Impugned Order be expunged and the same is ordered. The merits of the matter with respect to any ‘Pre-Existing Dispute’ or otherwise is not discussed. Appeal disposed off.
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