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TMI Blog2018 (8) TMI 1036X X X X Extracts X X X X X X X X Extracts X X X X ..... eration the fact that the parties are ready to settle the dispute, the case is not remanded to the Adjudicating Authority. - As agreed by the parties, the Respondent will now pay a sum of ₹ 1.5 lakhs (Rupees One lakh five thousand only) to the ‘Interim Resolution Professional’, for the period he has functioned and towards the resolution cost. The appeal is allowed with aforesaid observation. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pugned order dated 18th May, 2018 in C.P. (IB)- 146/MB/2018, admitted the application, passed order of Moratorium and pursuant to proceeding, an Interim Resolution Professional was appointed. 2. The Appellant- Mr. Dinesh Kumar Bhasin, a Shareholder of the Corporate Debtor has challenged the order dated 18th May, 2018 on two counts namely- i. The impugned order of admission was passed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... for the Respondent submitted that the total amount of ₹ 33 lakhs is payable and out of which they had handed over two demand drafts amounting to ₹ 28.68 lakhs. Today, it is informed that rest of the amount of ₹ 4,32,000/- has been paid as full and final payment and thereby total amount of ₹ 33 lakhs have been paid. 5. He further submits that another sum of ₹ 3,01, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. In effect, order (s), passed by the Adjudicating Authority appointing any Interim Resolution Professional , declaring moratorium, freezing of account, and all other order (s) passed by the Adjudicating Authority pursuant to impugned order and action, if any, taken by the Interim Resolution Professional , including the advertisement, if any, published in the newspaper calling for applications ..... X X X X Extracts X X X X X X X X Extracts X X X X
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