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2020 (1) TMI 1349

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..... s Regulations - HELD THAT:- Taking in to consideration the above order passed by the Hon'ble Supreme Court of India in DR. ESTHER MALINI VICTOR VERSUS ORIENTAL BANK OF COMMERCE AND ORS. [ 2019 (10) TMI 1372 - SC ORDER] it is represented by the Learned Counsel for the Applicant/RP that the CoC in its meeting dated 24.12.2019 and consequent to the e-voting a resolution was unanimously passed .....

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..... nsolvency Resolution Process of Corporate Persons) Regulations, 2016 r/w. attendant Rules Regulations seeking for extension of time of the Corporate Insolvency Resolution Process of the Corporate Debtor by a further period of 90 days which was due to expire on 12.01.2020. Learned Counsel for the Applicant/RP is present and represents that as against the order of initiation of CIR Process passed .....

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..... Professional from drawing amounts that are necessary, in terms of the ESCROW Agreement dated 20.08.2009. from the frozen account so as to continue to run the Corporate Debtor as a going concern. The application stands disposed of. Taking in to consideration the above order passed by the Hon'ble Supreme Court of India as well as its order dated 25.10.2019 it is represented by the Learn .....

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