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TMI Blog2019 (10) TMI 56X X X X Extracts X X X X X X X X Extracts X X X X ..... 8377; 3 Lakhs in favour of the Resolution Professional Mr. Naren Sheth within 3 weeks failing which it will be open to the Interim Resolution Professional to bring this to the notice of the Appellate Tribunal or for recall of this order. In effect, order (s) passed by Ld. Adjudicating Authority appointing Interim Resolution Professional , declaring moratorium and all other order (s) pass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rporate Insolvency Resolution Process against Print Plus Private Limited (Corporate Debtor). The proceeding was initiated at the instance of an application preferred by Kanan Graphics Private Limited (Operational Creditor) u/s 9 of the Insolvency and Bankruptcy Code, 2016 (for short, the I B Code ). The Appellant took a plea that there is a pre-existing dispute but it ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that 50% payment was received by the 1st Respondent and the rest 50% payment has been transferred on 12th July, 2019 in favour of the 1st Respondent. This is also accepted by the 1st Respondent. Mr. Kumar Sumit, Advocate appears on behalf of the Resolution Professional and submits that the Resolution Professional has worked for about one month and one week and has incurred exp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Mumbai Bench, Mumbai is closed. The Adjudicating Authority will record its order sheet. The Appellant and the Corporate Debtor will jointly directed to pay a sum of ₹ 3 Lakhs in favour of the Resolution Professional Mr. Naren Sheth within 3 weeks failing which it will be open to the Interim Resolution Professional to bring this to the notice of the App ..... X X X X Extracts X X X X X X X X Extracts X X X X
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