2019 (5) TMI 1801

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..... (AT) (Insolvency) No. 119 of 2019 - -
Insolvency & Bankruptcy
Justice S. J. Mukhopadhaya, Chairperson, Justice A.I.S. Cheema, Member (Judicial) AND Kanthi Narahari, Member (Technical) For Appellants: Mr. Sukumar Pattjoshi, Senior Advocate with Mr. Magank Bughani and Ms. Arushi, Advocates. For Respondent: Mr. Milan Singh Negai, Advocate for RP., Mr. Umesh Singhal and C.S. Neha Lakhwara, Adv .....

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..... matter did not relate to a transfer made in favour of the related party or preferential transfer made. We appreciate such submission that the application under Section 43, 44, 49, 50 and 51 filed by the Resolution Professional was uncalled for, but we find that the Adjudicating Authority held that transfer in question was made in violation of Section 14 of the I&B Code and thereby the application .....

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..... sional has also paid to them. However, this is disputed by the Counsel for the Resolution Applicant. Learned Counsel for Yajur International Pvt. Ltd. submitted that the Operational Creditor is still supplying materials during the Corporate Insolvency Resolution Process and is being paid by the Resolution Professional. However, this is denied by the Counsel for the Resolution Professional. 5. In .....

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