TMI Blog2019 (10) TMI 964X X X X Extracts X X X X X X X X Extracts X X X X ..... was noticed and heard and one Mr. Naveen Kumar Murthi and Mr. G.V. Mohan Kumar, Advocates appeared on behalf of the Corporate Debtor . The other ground taken by the Appellant is that the Adjudicating Authority has failed to consider that the Corporate Debtor had made the payment. However, it is not disputed that there is a part default which is much more than Rupees One Lakh ( i.e. ₹ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... S.J. Mukhopadhaya, Chairperson, Justice A.I.S. Cheema Member (Judicial) And Justice Member (Technical) For The Appellant : Mr. M.A. Chinnasamy, Mr. V. Senthil Kumar and Mr. C. Rupavathy, Advocates For The Respondents : Mr. P.V. Dinesh, Mr. Ashwini Kumar Singh and Mr. R.S. Lakshman, Advocates for Resolution Professional AndMr. Santosh Kumar and Mr. Amit Kumar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .V. Mohan Kumar, Advocates appeared on behalf of the Corporate Debtor . The other ground taken by the Appellant is that the Adjudicating Authority has failed to consider that the Corporate Debtor had made the payment. However, it is not disputed that there is a part default which is much more than Rupees One Lakh ( i.e. ₹ 9.5 Crores) and the Corporate Debtor has failed to pay. Apart f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to interfere with the impugned order. This apart the Appellant and the Directors and Officers had not handed over the assets and documents of the Corporate Debtor to the Resolution Professional . It will be open to the Resolution Professional to move appropriate application before the Adjudicating Authority including the application for initiation of action under Chapter VII of Part II of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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