9911796707
TMI Blog2024 (8) TMI 1530X X X X Extracts X X X X X X X X Extracts X X X X ..... A, MEMBER (TECHNICAL) For the Appellant : Mr. Arun Kathpalia, Sr. Advocate with Ms. Surekha Raman and Ms. Riya Seth, Advocates. For the Respondent : Mr. Ramji Srinivasan, Sr. Advocate with Ms. Namrata Sarogi, Advocates for R-2. Mr. Gautam Singhal and Mr. Rajat Choudhary, Advocates for Liquidator. Mr. Abhijeet Sinha, Mr. Harshit Khare and Mr. Prafull Saini, Advocates for Banks. Mr. Malak Bhatt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat the Appellant has earlier filed Comp. App. (AT) (Ins.) No. 1019/2024 challenging the Order passed by the Adjudicating Authority dated 22.04.2024 passed in I.A. No. 1 (AHM) 2024 which Appeal was disposed of noticing the Affidavit filed by the Liquidator before the Adjudicating Authority where Appellant was proposed an amount of Rs. 39,30,54,422/-. Appellant in the Appeal which was earlier filed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Adjudicating Authority when the question of distribution comes. 5. Learned Counsel for the SBI and other Financial Creditors submitted that they were not Party to the earlier proceedings and they were not made aware of the distribution as proposed by the Liquidator, hence they have right to file the Appeal. 6. In the facts of the present case, we are of the view that ends of justice be serv ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
