2019 (1) TMI 1629

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..... ng since May, 2018, we direct the Adjudicating Authority (National Company Law Tribunal), Ahmedabad Bench, Ahmedabad to pass appropriate order on the application u/s 7 immediately not beyond three weeks, after hearing the Financial Creditor (Appellant) and Corporate Debtor. Intervener is not required to be heard at the stage of admission. If the Corporate Debtor intends to settle the matter, the .....

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..... ention could have been entertained under section 60(5). In the absence of any order, we are not inclined to interfere with the impugned order dated 19.11.2018. Mr. Ramji Srinivasan, learned Senior Counsel for the IDBI submits that the application under section 7 of the I B Code is pending before the Adjudicating Authority (National Company Law Tribunal) since May, 2018. Nine months ha .....

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