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TMI Blog2020 (5) TMI 97X X X X Extracts X X X X X X X X Extracts X X X X ..... ma Member (Judicial) And Kanthi Narahari Member (Technical) For the Appellant : Mr. Sanjay Grover and Mr. Shivlal Singh, Advocates. For the Respondent : Ms. Siddhi, Ms. Abhisree Saujanya and Ms. Tishampati Sen, Advocates. JUDGMENT SUDHANSU JYOTI MUKHOPADHAYA, J. The Appellant- 'Smart Timing Steel Ltd.'- ('Operational Creditor') filed an application under Section 9 of the Insolvency and Bankru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cord of the pendency of suits or arbitration proceedings filed before the receipt of the demand notice in relation to such dispute, or the repayment of the unpaid operational debt, 'Operational Creditor' filed a Petition 06/I&BP/NCLT/MAH/2017 before the Adjudicating Authority under Section 9. However, as the 'Operational Creditor' was unable to produce a copy of the certificate from the Financial ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appeared and opportunity was given to the parties to settle the matter but no progress made. 6. In view of the fact that earlier petition under Section 9 was filed by the Appellant- 'Smart Timing Steel Ltd.'- for initiation of the Corporate Insolvency Resolution Process' against 'National Steel & Agro Industries Ltd.'- ('Corporate Debtor') was earlier dismissed by the Adjudicating Authority and ..... X X X X Extracts X X X X X X X X Extracts X X X X
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