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TMI Blog2019 (11) TMI 1693X X X X Extracts X X X X X X X X Extracts X X X X ..... r has now been remedied by infusing more funds. Accordingly, the application filed by Alchemist Asset Reconstruction Company Ltd. has been completely accepted and no further orders are required to be passed - application disposed off. - IB-560(PB)/2017 - - - Dated:- 7-11-2019 - CHIEF JUSTICE (RTD.) M. M. KUMAR, HON'BLE PRESIDENT AND SH. S. K. MOHAPATRA, HON'BLE MEMBER (TECHNICAL) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Shailendra Singh, the Resolution Plan Applicant has filed an affidavit through his counsel Ms. Rhea Luthra. In paras 5 6 of the said affidavit it has been stated as under:- 5. That in view of the above, the resolution plan amount offered to Alchemist Asset Reconstruction Company Limited, i.e. 6,31,39,561.69 has to be increased to ₹ 6,31,39,561.69 [73.65% of ₹ 135,435,362/- (admit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... remedied by infusing more funds as stated in the paras extracted above i.e. (5 6). Accordingly, the application filed by Alchemist Asset Reconstruction Company Ltd. has been comp1ete1y accepted and no further orders are required to be passed. The application stands disposed of. CA-966(PB)/2019:- In view of the order passed on 26.09.2019 wherein we have held that the applicant namely P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Reconstruction Company Ltd. an undertaking was given on 26.09.2019 as recorded in para 6 of the order that arrears of interim finance payable to the RP shall be paid within a week from the aforesaid date. Mr. Makhija, learned counsel for the RP states that although over a month is gone by no payment of interim finance has been paid to the RP. We give one last opportunity to comply with the under ..... X X X X Extracts X X X X X X X X Extracts X X X X
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