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TMI Blog2019 (10) TMI 1488X X X X Extracts X X X X X X X X Extracts X X X X ..... tted vide order dated 18/02/2019 and the termination notice has been issued by the respondent/GRIDCO on 03/08/2019, which is in violation of Section 14(1) of the Il B Code, 2016 - the termination of the PPA agreement is in violation of the moratorium declared by the adjudicating authority in the case in hand - the respondent/GRIDCO is directed to restore the PPA dated 26/05/2012 as if there was no termination of PPA within one week of the date of the order. Service of notice - RP shows delivery of notice to R-2 and R-2 called out and found absent - HELD THAT:- Nobody appears on the side of the R-2. Service of notice to the other respondents is incomplete. Directed to repeat notice by way of publication as per Rule 35 of the NCLT Ru ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ral part of the order dated 30/09/2019. CA(IB) No. 1184/KB/2019 - This is an application filed by the RP praying for not to give any effect to the termination of the Power Purchase Agreement by the respondent, GRIDCO, as per the notice dated 03/08/2019. Vide notice dated 03/08/2019 the respondent issued a termination notice which reads as follows :- Sub: Corporate Insolvency Resolution Process (CIRP) of Ms. Alex Green Energy Pvt. Ltd - Providing Information thereof - Regarding. Ref: Your letter No. 72 dated 01/05/2019. Sir, With reference to the above cited subject, please find enclosed herewith the required information sought on behalf of M/s. Alex Green Energy Pvt. Ltd. as detailed. 1. Status of the PPA with GRIDCO: The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... termination of PPA within one week of the date of the order. Accordingly, we dispose of the application with the aforesaid directions. CA(IB) No. 1205/KB/2019 - This is an application filed by the RP, copy of which has been served upon R-2 and R-3, who are directors of the Corporate Debtor. Track consignment produced on the side of the RP shows delivery of notice to R-2 and R-2 called out and found absent. Nobody appears on the side of the R-2. Service of notice to the other respondents is incomplete. Directed to repeat notice by way of publication as per Rule 35 of the NCLT Rules and file affidavit of compliance. List it for further consideration on 29/10/2019. CA(IB) No. 1300/KB/2019 is an application for exclusion of certain ..... X X X X Extracts X X X X X X X X Extracts X X X X
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