TMI Blog2019 (3) TMI 150X X X X Extracts X X X X X X X X Extracts X X X X ..... ay, 2017 which was brought to the notice of the Adjudicating Authority. In view of such e-mail addressed by the Respondent demanding commission from the tenderer enquiry was made. E-mail dated 5th May, 2017 was enclosed as Annexure “B”, but in spite of the same, the Adjudicating Authority admitted the application under Section 9, without looking into the pre-existence dispute relating to such d ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Kolkata Bench, Kolkata, whereby and whereunder, the application under Section 9 of the Insolvency and Bankruptcy Code, 2016 ( I B Code for short) preferred by the Respondent- Mr. Debashis Chakravarty, erstwhile CEO and Managing Director of the Corporate Debtor has been admitted, order of Moratorium has been passed and Interim Resolution Professional has been appointed. 2. Mr. Ratnanko Ba ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he same an e-mail was sent by the Respondent on 5th May, 2017 which was brought to the notice of the Adjudicating Authority. Learned counsel for the Corporate Debtor submits that the Respondent demanded commission from the tenderer, who submitted tender for the sale of elevators to the Corporate Debtor . 5. It is submitted that in view of such e-mail addressed by the Respondent demanding com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s with settlement which should be treated to be a direction of this Appellate Tribunal. 7. In effect, order (s), passed by the Adjudicating Authority appointing Interim Resolution Professional , declaring moratorium, freezing of account, and all other order (s) passed by the Adjudicating Authority pursuant to impugned order and action taken by the Interim Resolution Professional , including t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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