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TMI Blog2020 (9) TMI 794X X X X Extracts X X X X X X X X Extracts X X X X ..... our notice that few companies are inter related with Financial Creditor herein. The Ld. Counsel raised various averments and collusion between Financial Creditor, Corporate Debtor and the Resolution Professional herein. The Ld. Counsel states that there were no activities in Corporate Debtor since, 2007. This case is "cooked up" "stage managed" by Financial Creditor/Corporate Debtor/Resolution Professional, defrauding one and all. Hence, it is important to bring to the notice of this Adjudicating Authority, the facts and circumstances of the entire case. The Ld. counsel have also collected various documents of the Companies in CoC. This IA No. 01/CTB/2020 ought to be treated as a "Whistle blower" to ascertain the truth. When such grave alle ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ution Professional, who is 3rd respondent herein. The Ld. Counsel Mr. Patita Paban Bishwal is present before us. On verification of main CP(IB) No. 01/CTB/2019, we find there is no sufficient proof of loan from Financial Creditor/Applicant to Corporate Debtor. Further, the Corporate Debtor has in reply affidavit admitted "Loan". There are two letters from applicant to Corporate Debtor seeking repayment of the alleged loan. This Adjudicating Authority sought clarifications from Ld. Counsel Mr. P.P. Bishwal, regarding the nature of loan between Financial Creditor and Corporate Debtor. Immediately he said, he does not know and let Financial Creditor answer the same. We, further, sought clarification, Mr. P.P. Bishwal stated that since, Mr. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... argue his case before this Adjudicating Authority today. It is also been brought to our notice from the notes paper that Mr. P.P. Bishwal has also appeared on behalf the Financial Creditor in CP(IB) No. 01/CTB/2019, however, this application CP(IB) No. 01/CTB/2019 has been filed by one Mr. Avik Chowdhary as per the necessary records available before this Adjudicating Authority and Mr. Avik Chowdhary has never appeared in person before this Adjudicating Authority. Mr. P.P. Bishwal is the counsel on record as per order sheets of the Financial Creditor throughout the case and now he appears as per the record of Vakalatnama on behalf of the Resolution Professional. Ld. Counsel Mr. Debasis Mohapatra, enrolment No. - D-2875/99 appears in IA No. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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