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2021 (11) TMI 950 - Tri - Insolvency and BankruptcySeeking revival/restoration/re-initiation of Corporate Insolvency Resolution Process (CIRP) already admitted - seeking to reset the time line or give fresh start to the CIR process under Insolvency & Bankruptcy Code, 2016 - HELD THAT:- This adjudicating authority is convinced that there is breach of terms of settlement dated 02.12.2019. Hence, in terms of the order dated 06.12.2019 and order dated 15.03.2021 of the Hon'ble NCLAT, this Adjudicating Authority is inclined to revive/re-store the Corporate Insolvency Process of Corporate Debtor/Respondent M/s. Jagtar Singh & Sons Hydraulics Private Limited and Interim Resolution Professional, Mr. Piyush Moona is directed to resume his duties as per direction of this adjudicating authority in the order dated 03.09.2019. Admission order against the corporate debtor dated 03.09.2019 is hereby, revived/restored - Application allowed.
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