9911796707
TMI Blog2022 (7) TMI 101X X X X Extracts X X X X X X X X Extracts X X X X ..... and accordingly, grants the same. On receipt of the Reply / Response / Counter of the Contesting Respondents (who has entered appearance), it is open to the Appellant / Liquidator to file Rejoinder, if any, through E-filing as well as through Hard Copy and to serve a copy of the same to the other side within one week, thereafter. Besides this, the other Respondents for whom the Notices were ordered by the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) in the Impugned Order dated 03.06.2022, will also complete their Pleadings within seventeen days from Today and thereafter, the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) is to take up the matter for Final Hea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ennai) has not taken into consideration the Hon ble High Court of Orissa s Order , at the time of passing the Interim Stay , which has resulted in jeopardising the Liquidation Process and also in exposing the Land at Rayada encroached by Tribal people etc. It is the submission of the Appellant / Liquidator that the Impugned Order dated 03.06.2022 in IA(IBC)579/CHE/2022 in CP/1307/IB/2018 passed by the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) to be stayed taking into account of the Appellant / Liquidator s interest to prevent an aberration of Justice and in furtherance of substantial cause of Justice. Conversely, it is the submission of the Learned Senior Counsel Mr. Virender ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (filed under Section 60 (5) of the Insolvency Bankruptcy Code, 2016) to the Application filed by the Promoter, since in the Interim Order passed by the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) it is mentioned that the matter is posted for Final Hearing and Disposal on 30.06.2022. This Tribunal has Heard the Learned Counsels appearing for the parties and noted their contentions. This Tribunal after giving anxious consideration of the contentions advanced on either side with great care, caution and circumspection is of the considered opinion that ten days time is to be granted to the Respondent Nos.1 and 2 and to Respondent No.13 to file their Replies / Responses / Co ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d thereafter, the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) is to take up the matter for Final Hearing and to pass Orders on merits, after providing adequate opportunities to both sides to air their grievances (both on Legal as well as on Factual Pleas ) and further, that the Adjudicating Authority (National Company Law Tribunal, Division Bench II, Chennai) shall take into account of all the Pleas, deal with the same and pass Orders within two weeks thereafter , of course, in the manner known to Law and in accordance with Law , of course, uninfluenced and untrammelled with any of the observations made by this Tribunal in this Appeal . Till the disposal of IA(IBC)579/CHE ..... X X X X Extracts X X X X X X X X Extracts X X X X
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