TMI Blog2019 (12) TMI 1512X X X X Extracts X X X X X X X X Extracts X X X X ..... operties as there is no security interest on immovable properties and pledge in respect of immoveable properties cannot be claimed. The Resolution Professional and the Committee of Creditors held that the Appellant - Financial Creditor is not a secured creditor . Whether the Appellant is a secured creditor or not, is a question of fact and it can be decided by the Resolution Professio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssional . Against the said decision, the Appellant moved an application before the Adjudicating Authority (National Company Law Tribunal) Mumbai Bench, Mumbai which rejected the application by impugned order dated 23rd October, 2019. Learned counsel appearing on behalf of the Appellant submits that the impugned order is not a speaking order and the Adjudicating Authority has held that the detai ..... X X X X Extracts X X X X X X X X Extracts X X X X
|