2020 (7) TMI 775

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..... ppeared on behalf of the Petitioner. Mr. Ishan Shah, Learned Lawyer, appeared on behalf of the Respondent. ORDER Ms. MANORAMA KUMARI, J. Learned Lawyer, Mr. Nandish Chudgar appeared on behalf of one of the unsecured financial creditors. The instant application is filed on 2"? December, 2019. During the pendency of the IA No. 691, 2019, various applications have been filed by the Unsecured Fi .....

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..... likelihood of stalemate between secured financial creditor and unsecured financial creditor as reflected from various IAs filed in recent past. In that event, the very object of the IBC will get frustrated and the CIRP cannot be concluded within the stipulated time. In view to save the time, it is expedient to pass appropriate order in the [A No.691/2019, for the interest of justice, instead .....

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