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TMI Blog2020 (2) TMI 1551X X X X Extracts X X X X X X X X Extracts X X X X ..... ra Prabha, C.S. Gupta and Anand Shukla. ORDER Abni Ranjan Kumar Sinha, Member (J) 1. The present petition is filed under Section 9 of Insolvency and Bankruptcy Code, 2016 ("Code") read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rule, 2016 by the Petitioner/Operational Creditor, i.e. "Hansa Dutt Sati" for initiation of Corporate Insolvency Resolution Pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... learing the outstanding salary, the CD chose to withhold the salary and went on withholding the same up to 5 month starting May 2014 to September 2014. The OC starting going through extreme financial hardship and requested the CD in the month of October 2014 to clear the outstanding salary as he was left no money. 5. The CD then started paying the salary from October 2014, but in the year 2017 th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... utstanding amount is Rs. 4,65,355/-. V. The CD in its reply to the Application has stated almost same facts as stated by him in the Reply to the application by Ms. Shally Sati [IB-702/ND/2019] except the following contention. Therefore, we would like to mention only new facts in the reply: a. Petitioner was employed with the CD in-charge of production in the Foundry. While in employment, the OC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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