TMI Blog2018 (1) TMI 315X X X X Extracts X X X X X X X X Extracts X X X X ..... I of Form I, it has been mentioned that the respondent is a ‘Financial Creditor’. Its date of incorporation as financial creditor has been shown as 5th October, 2007 with the identification number as financial creditor. It is true that the respondent is a ‘trustee’ but we find that the respondent is also a company registered under the Companies Act, 1956 and come within the definition of ‘Finan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nst order dated 2nd November, 2017 passed by the Adjudicating Authority (National Company Law Tribunal), Chennai in CP/606/(IB)/CB/2017 whereby and whereunder the application preferred by the respondent (Financial Creditor)under Section 7 of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the I B Code ) read with Rule 4 of Insolvency and Bankruptcy (Application to Adjudicatin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ancial creditor. It is true that the respondent is a trustee but we find that the respondent is also a company registered under the Companies Act, 1956 and come within the definition of Financial Creditor as defined under sub-section (7) read with sub-section (8) of Section 5 of the I B Code. In view of the fact that the respondent has filed the application in the capacity of the Fina ..... X X X X Extracts X X X X X X X X Extracts X X X X
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