TMI Blog2021 (8) TMI 1245X X X X Extracts X X X X X X X X Extracts X X X X ..... f a dispute? - HELD THAT:- The Appellant/Promoters/Directors of the Corporate Debtor are directed to handover the assets and records of the Corporate Debtor to the Interim Resolution Professional immediately (if not yet handed over). The Interim Resolution Professional / RP will make effort that the Company remains a going concern and will take assistance of the (suspended) Board of Direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vocates. For the Respondent : Mr. Girish Kedia, Ms. Shivangi Kedia, Mr. Mohit Chaudhary, Ms. Garima Sharma, Advocates. ORDER (Virtual Mode) Heard Learned Sr. Counsel for the Appellant 2. Learned Sr. Counsel vehemently argued and submitted that there is a preexisting dispute. The Learned Sr. Counsel referred to Letter at Page 178 of the Appeal Paper Book which was sent in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ellant to array the Corporate Debtor through IRP as Respondent No. 2. Notice be served on Respondent No. 2. Learned Counsel for Respondent No. 1 is present. 6. The Appellant/Promoters/Directors of the Corporate Debtor are directed to handover the assets and records of the Corporate Debtor to the Interim Resolution Professional immediately (if not yet handed over). The Interim Resolution ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... P for day-to-day functioning of the Company such as for payment of Current Bills of the Suppliers, Salaries and Wages of the employees /workmen, electricity bills etc. 7. Respondents on service to file Reply-Affidavits within two weeks. Rejoinder, if any, may be filed within a week, thereafter. Parties to file brief Written-Submissions not more than three pages along with Copies of Judgments ..... X X X X Extracts X X X X X X X X Extracts X X X X
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