2019 (3) TMI 1337

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ty admitted the application under Section 7. The Appellant submits that the ‘Corporate Debtor’ is a solvent Company and amount is lying in the Escrow Account and they intend to settle the claim. The ‘Corporate Debtor’ wanted six months’ time to settle the matter but such time was not granted. Such ground cannot be taken into consideration to set aside the impugned order of admission dated 14th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rity (National Company Law Tribunal), Mumbai Bench, Mumbai, whereby and whereunder the application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ( I B Code for short) filed by India Asses Growth Fund through Essel Finance Advisors and Managers LLP Anr. , has been admitted, order of Moratorium has been passed and Interim Resolution Professional has been appointed. 2. On hea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X