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2022 (6) TMI 500 - Tri - Insolvency and BankruptcyMaintainability of Interlocutory Application - joint/several liability of Respondents to pay the amount claimed in this application - fraudulent/wrongful trading - Section 66 of IBC, 2016 - HELD THAT:- The technical objection regarding the maintainability of this application is raised only for the sake of objecting and hence stands rejected. This application is thus maintainable. Joint/several liability of respondent - HELD THAT:- From the Forensic Audit it is clear that this is a fit case to direct the Respondents to make good the losses caused to the creditors of the Corporate Debtor as the transactions referred to in the earlier paragraphs are fraudulent transactions, holding that the Respondents are personally liable for such deliberate and wilful default. The Respondents 1 to 6 are jointly and severally responsible to pay Rs. 2,94,77,269/- with interest @ 12% per annum to the account of the Resolution Professional of the Corporate Debtor within two weeks from the date of receipt of this order. Application disposed off.
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