2021 (2) TMI 1191

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..... Act, 2013 R/w Sections 11, 12 14 of the Contempt of Courts Act, 1971 R/w. Rule 11 of the NCLT Rules, 2016 - HELD THAT:- Though notices were issued to the Respondent, none appeared for the Respondent. Therefore, it is not known whether the contemnor is financially solvent or not, in order to initiate contempt proceedings. The Contempt Proceedings need not not be initiated - Contempt Petition .....

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..... obedience of Orders dated 25.07.2018, 10.12.2018, 08.07.2019 and 1.10.2019 passed by this Adjudicating Authority; to direct the Contemnor to comply with the Order dated 01.10.2019 and pay the fee and expenses, as ordered by this Adjudicating Authority vide order dated 25.07.2018 amounting to ₹ 11,92,822/- by way of Demand Draft/NEFT etc. 2. Heard Mr. Ravi Shankar Devarakonda, Erstwhile Re .....

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