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TMI Blog2018 (10) TMI 1799X X X X Extracts X X X X X X X X Extracts X X X X ..... azvi, Adv. for the Applicant. R. Raghunandan Rao, Sr. Adv., Shabbeer Ahmed, Adv., S. Ravi, Sr. Adv., Chandra Shaker, Adv., DVAS Ravi Prasad and Pavan Kumar, Adv. for the Respondent. ORDER 1. The instant application is filed by Mahal Hotels Private Limited (hereinafter referred to as the Applicant), against the Asset Reconstruction Company (India) Limited (ARCIL), Koteshwara Rao Karuchola (Res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orporate Debtor under a Business Transfer Agreement dated 2nd April, 2011, the applicant along with its associate companies filed their claims with the Resolution Professional and same were verified and admitted by the Resolution Professional. 5. It is stated that as a result of inclusion of the Applicant in the CoC, as the controlling stake of ARCIL reduced from 50.8% to 29.90%, ARCIL then prefe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r the years 2016 and 2017 along with this Application, which bears a mention of the money due and payable by the Corporate Debtor to the Applicant. 8. It is further averred by the Applicant that the documents go to the root and if the documents are not received, crucial evidence would be shut out from being considered by this Tribunal thereby effecting the Applicant's legitimate rights, inter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at Sl. Nos. 3 to 7 as per the running index of the Application. The documents are filed for the purpose of considering the case of Applicant. The Application is filed to receive the documents filed herewith. The genuineness or otherwise of the documents are matter to be considered at the time of deciding the Application IA No. 250/2018. The present Application therefore can be allowed. Application ..... X X X X Extracts X X X X X X X X Extracts X X X X
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