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2020 (9) TMI 890

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..... ication ought to be decided in the interest of justice. In IA No. 17/CTB/2020, the first respondent shall not distribute the award amount to the second respondent until further orders of this Tribunal. The respondents shall file their counter on or before 31.03.2020 in the registry after serving the copy to the other side. Petitioners shall file their rejoinder, if any on or before 13.04.2020. .....

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..... pany had undergone CIRP and the Resolution Plan has been approved by NCLT, Kolkata Bench. However, the order of approval of the resolution plan has been challenged by the Bank of Baroda before Hon'ble NCLAT. Hon'ble NCLAT has rejected the appeal. However, an appeal has been preferred before the Hon'ble Apex Court. The Hon'ble Supreme Court by order dated 25.11.2019 in Civil Appeal .....

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..... egistrar of Hon'ble High Court of Delhi. However, the first respondent shall not pay the amount to the second respondent without further order of this Tribunal. Ld. Counsel for the second respondent in IA No. 17/CTB/2020 says that the petitioner has no locus standi to file this application since it is a matter between the first respondent Company and the second respondent Company and the .....

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