2018 (7) TMI 968

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..... al Bhat, Member (Judicial) For The Appellant : Ms. Pritha Srikumar Iyer, Advocate For The Respondent : Mr. Avishkar Singhvi, Mr. Rahul Jain, Mr. Bharat Sangal and Ms. Babita Kushwaha, Advocates ORDER The appellant, shareholder of M/s. Live 100 Hospital Private Limited (2nd respondent) has preferred this appeal against order dated 2nd April, 2018 passed by the Adjudicating Authority (National .....

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..... ability' was laid down. She referred to Paragraph 5 of the 'Restructured Agreement' to suggest that the property of the hospital including car parking located at place were sold by December, 2014 and after selling number of properties payments were to be made. However, the respondent obtained injunction order from a Court. 3. Mr. Avishkar Singhvi, learned counsel appearing on behalf of the respon .....

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..... 014. From April 2015, quarterly interest will be serviced regularly. The detailed interest payment is indicted in Schedule I. c. Principal amount will be repaid after adjusting interest, penalty and other charges if any, either from Sale of Secured Assets, Personal Property or internal cash accruals. Detailed Restructured Amortization Schedule is given in Schedule I. 5. Property of the hospi .....

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