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2019 (12) TMI 1553

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..... compliance report of the same - liability of the corporate debtor is with regard to post CIRP and or from CIRP period? - whether the termination of contract dated 01.12.2016 is as per law or not? - HELD THAT:- The counsel representing the respondent submits that there is arbitration clause, and even before the initiation of the CIRP period they were not happy with the services provided by the co .....

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..... MEMBER (T) ORDER M.A. 3558/2019 It has been brought to the knowledge of this bench that the RP has handed over the possession of the property to the owners of the premises and furnishes a compliance report of the same. Apart from that the RP is willing to make the payment only with regard to the due amount post CIRP period and further it has been interpreted from our orders that li .....

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..... xpenditure for providing the necessary services to the respondent. Therefore, the sudden termination would very seriously affect the business of the corporate debtor. On the other hand, the counsel representing the respondent submits that there is arbitration clause, and even before the initiation of the CIRP period they were not happy with the services provided by the corporate debtor and the .....

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