2019 (7) TMI 1623

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..... nthi Narahari, Technical Member Joshua Samuel and Rajat Agnihotri, Advs. for the Appellant. P.V. Dinesh, R.S. Lakshman and Ashwini Kumar Singh, Advs. for the Respondent. ORDER 1. In the 'Corporate Insolvency Resolution Process' against 'M/s. Deepak Cables (India) Ltd.'- ('Corporate Debtor'), the Appellant filed separate claims region wise. The Appellant's claim is .....

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..... engaluru Bench, Bengaluru, which having rejected by common order dated 30th January, 2019, these appeals have been preferred by common Appellant-'Power Grid Corporation of India'. 3. The Appellant has taken similar plea before this Appellate Tribunal as was taken before the 'Resolution Professional' and the Adjudicating Authority. Mr. R.S. Lakshman appearing on behalf of the ' .....

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..... n. However, we are not inclined to express any opinion with regard to the same. We are of the view that if the claim is filed by the 'Corporate Debtor'- 'Deepak Cables (India) Limited', there is no bar to proceed in the arbitration and if it proceeds, its counter claim is to be decided. If the counter claim is awarded in favour of the Appellant and if certain amount is payable to i .....

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