2020 (8) TMI 870

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..... r the Petitioner: Mr. Umesh Chandra Sahoo, Adv. For the Respondent: Mr. Partha Mukherji, Adv., Mr. Soumya Dev Ray, Adv. ORDER Ms. Sucharitha R., J. 1. This application is filed under Section 7 of Insolvency and Bankruptcy Code, 2016 for initiation of Corporate Insolvency Resolution Process against the Corporate Debtor i.e. M/S. Indian Speciality Fats Ltd. This application was originally filed .....

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..... e Hon'ble Debts Recovery Tribunal, Jabalpur on 23.10.2002. Recovery Certificate was issued and the same is pending before the Recovery Officer. Meanwhile, the State Bank of India by Deed of Assignment dated 16.01.2006 assigned the loan to this applicant i.e. Kotak Mahindra Bank Ltd. 3. We are not inclined to go into the facts of the case. The final Orders were passed by the Hon'ble Debts Reco .....

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..... ct may be applied to condone the delay in filing such application. 5. Hence, this application is hopelessly time barred. Hence, the application is DISMISSED. No cost. 6. Registry is hereby directed to communicate this Order to the applicant/petitioner & respondent. Let the certified copy of the Order be issued upon compliance with the requisite formalities.
Case laws, Decisions, Judgements, .....

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