Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2017 (11) TMI 1963

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Advocate. For the Respondents: Mr. J.Saha, Sr.Advocate, Mr.A.Gaggar, Advocate And Mr.D.Choudhury, Advocate. ORDER The Central Bank of India, the Financial Creditor (FC) had filed an application under Section 7 of the Code of 2016 (in short, the Code of 2016) read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 (in short, the Rule of 2016) seeking .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... earance and filed written objection to which the FC too filed reply. 4. On hearing the parties, the AA still found some defects in the application aforesaid. Accordingly, vide order dated 24.10.2017, the FC was once again directed to rectify the defects pointed out vide order dated 24.10.2017. Responding thereto, the FC has submitted application removing the defects as pointed out and same was do .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o rendered necessary directions in accordance with the requirements of the Section 13 and 14 of the Code of 2016 and also appointed Interim Resolution Professional (in short, "IRP") for taking such action(s) as are mandated by law and the Rules framed there-under. 8. Since an application U/s.7 of the Code of 2016 read with Rule 4 of the Rules of 2016 has already been admitted against the CD herei .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates