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2021 (10) TMI 1278

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..... atter For Orders on 08.10.2021. On that date, the arguments will be advanced by Appellant Counsel. - COMPANY APPEAL (AT) (INS.) NO. 128 OF 2021 - - - Dated:- 5-10-2021 - JUSTICE ANANT BIJAY SINGH, MEMBER (JUDICIAL) AND MS. SHREESHA MERLA, MEMBER (TECHNICAL) For the Appellant : Ms. Sunieta Ojha, Proxy Counsel for Mr. Mohit D. Ram. For the Respondent : Mr. Vivek Sibal, Sr. Advocate a .....

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..... tion under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) on account of alleged default of financial debt which was admitted by the NCLT. Aggrieved thereby, the appellant filed an appeal before the NCLAT. On 22.02.2021, after recording the submission made on behalf of the Interim Resolution Professional that the Committee of Creditors ( CoC ) has not been constituted, the NCLAT kept .....

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..... Today, when the case was called out Learned Counsel for the Appellant Mr. Mohit D. Ram is not present. Despite this case was called out twice and pass over was given, the Learned Proxy Counsel Ms. Sunieta Ojha appears and inform this Court that Terms of settlement is going on between the parties outside of the Court. This was denied by the Learned counsel for the Respondents. Learned Counsel f .....

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