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2021 (6) TMI 602

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..... an Interlocutory Application for extension of time period wherein the Hon'ble Apex Court vide Order dated 28.07.2020 in Civil Appeal No(s). 2211/2020 extended the time for a period of two months subject to deposition 50% amount within one month and remaining within the next 30 days and further stated that no further extension will be granted - The applicant states that this application is bein .....

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..... tha R., Member (J) And Satya Ranjan Prasad, Member (T) For the Respondents : Kunal Kanungo, Rahul Parasrampuria and Atishay lain, Advs. ORDER Sucharitha R., Member (J) 1. This application is filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (hereinafter referred as the Code ) read with Rule 11 of the National Company Law Tribunal Rules, 2016 by Mr. Vinod P. Am .....

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..... solvency Resolution Process (Hereinafter referred as CIRP ) against the Corporate Debtor and appointed Mr. Vinod P. Ambavat as the Interim Resolution Professional (Hereinafter referred as the IRP ). The public announcement was made in two newspaper, namely, Pioneer in English edition and Swadesh in Hindi edition dated 06.10.2019 calling upon the creditors to submit their proof of claim. The .....

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..... Adjudicating Authority w.e.f. 31.03.2020 for a further period of 90 days. 4. The applicant states that the erstwhile Director of the Corporate Debtor had challenged the Order dated 03.10.2019 before the Hon'ble NCLAT and again before the Hon'ble Supreme Court. The Hon'ble Apex Court vide Order dated 18.06.2020 in Civil Appeal No(s). 2211/2020 had directed the erstwhile Director to .....

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