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TMI Blog2021 (3) TMI 1324X X X X Extracts X X X X X X X X Extracts X X X X ..... n of time. The Ld. counsel further states that the resolution applicant and State Bank of India are negotiating for settlement, and that the settlement talks are in final stages. Considerable amount has been paid to SBI, and substantial payment shall be made on or before 31.03.2021. The negotiations are in final stages. The Ld. Counsel also states that there were various difficulties from differen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... CB/2020, IA No. 333/CB/2020 For the Petitioner : None. For the Respondent : Joy Saha, Sr. Adv., Ratnanko Banerjee, Sr. Adv. ORDER IA No. 333/CB/2020 is filed by the State Bank of India seeking liquidation of Corporate Debtor, who has been taken over by successful resolution applicant. Implementation of the resolution plan is under way. CA No. 58/CTB/2020 is filed by Resol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Bank of India are negotiating for settlement, and that the settlement talks are in final stages. Considerable amount has been paid to SBI, and substantial payment shall be made on or before 31.03.2021. The negotiations are in final stages. The Ld. Counsel also states that there were various difficulties from different quarters, hence, the Resolution Applicant had to face lot of hardships and dif ..... X X X X Extracts X X X X X X X X Extracts X X X X
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