2020 (11) TMI 1047

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..... rawn to the accounts of the CD, the respondents have not bothered to deposit an amount of ₹ 32 lakhs approximately. The respondents are directed to deposit an amount of ₹ 32 lakhs along with interest @ 12 % per annum from the date of the withdrawal and deposit the total amount to the accounts of the Corporate Debtor being maintained by the Resolution Professional within a period of .....

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..... ey i.e. ₹ 32 lakhs has been withdrawn from the account of the Corporate Debtor viz., M/S. A to Z Barter Private Limited, maintained at I-IDFC Bank, Branch Mayapuri. However, no reply has been filed nor any affidavit is placed on record by the Respondents. It is submitted by the counsel for the Resolution Professional that CIR Process was initiated on 10.12.2019 and the IRP has taken the c .....

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..... rest @ 12 % per annum from the date of the withdrawal and deposit the total amount to the accounts of the Corporate Debtor being maintained by the Resolution Professional within a period of 21 days from the date of this order and an affidavit of compliance shall be filed by the Respondent(s) in the Registry. In terms of the above, the IA stands disposed of. - - TaxTMI - TMITax - Insolvency .....

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