9911796707
TMI Blog2018 (11) TMI 1634X X X X Extracts X X X X X X X X Extracts X X X X ..... and MA No. 1300/2018 has not been decided on merit, it would be appropriate to dispose of the instant appeal by requesting the Adjudicating Authority to expedite the disposal of aforesaid MA after taking reply from the Appellant. The Adjudicating Authority will permit the Appellant to submit its reply on 26.11.2018. It would be appropriate to direct that the oil companies (R-2 to 5) shall not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion 14 of the I B Code. The Corporate Debtor is under Corporate Insolvency Resolution Process. In terms of the impugned order, the learned Adjudicating Authority has directed maintenance of status quo till next date of hearing which is fixed for 26.11.2018. The parties appear to have consented to a schedule for disposal of MA No.1300/2018 filed in CP (IB)-02/7/(MB)/2018. It ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ill disposal of MA No. 1300/2018. 4. Learned Adjudicating Authority is requested to consider the aforesaid MA on its merit being uninfluenced with the observations made in the impugned order. It is clarified that this order shall not in any manner be interpreted as limiting the authority and powers of Adjudicating Authority to pass appropriate direction in regard to profit petroleum aft ..... X X X X Extracts X X X X X X X X Extracts X X X X
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