2019 (8) TMI 1139

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..... ial) For The Appellants : Mr. Sanjay Gupta and Ms. Mahima Singh, Advocates For The Respondents : Mr. Karunesh Tandon and Mr. Chandra Shekhar Goswami, Advocates ORDER The Respondent - 'Jay Ace Technologies Ltd.' (Operational Creditor) filed an application under Section 9 of the Insolvency and Bankruptcy Code, 2016 (for short, the 'I&B Code') against 'M/s. Micromax Energy Ltd.' (Corporate Debto .....

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..... concerned, this is to reiterate that we would be either retaining the warranty amount of Rs. 60 lakh or otherwise would be needing FD for the same. The warranty amount shall be released immediately on completion of warranty period. Further as regard excise benefit, this is to state that necessary assistance/cooperation in this regard shall be duly extended by our group. As soon as you recover t .....

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..... ge, the learned counsel for the Appellants submits that the Appellants intend to settle the matter with the 'Operational Creditor'. 5. Mr. Avnish Matta, Interim Resolution Professional is present in person and submits that 9 claims have been received for Rupees Six Crores and Thirty Lakhs in all. The 'Committee of Creditors' have already been constituted. 6. In the facts and circumstances, whi .....

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