2020 (12) TMI 1347

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..... imited - HELD THAT:- Prima facie it appears that the Resolution Applicant has been treated as the Corporate Debtor but that would be the subject of determination when the matter is heard. The tone and tenor of the aforesaid clause 4 is bound to raise the apprehension in the mind of the original Corporate Debtor that this direction has been passed against it and in the event of non-compliance the .....

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..... , Mr. Utkarsh Maaria, Advocates for R2. ORDER The issues raised in this appeal are identical to the issues raised in Company Appeal (AT) (Insolvency) No. 1038 of 2020 filed at the instance of Arcelormittal India Pvt. Ltd. - Resolution Applicant wherein in terms of the order dated 4th December, 2020, this Appellate Tribunal, after formulating the issue and issuing notice upon Respondents, .....

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..... treated as the Corporate Debtor but that would be the subject of determination when the matter is heard. The tone and tenor of the aforesaid clause 4 is bound to raise the apprehension in the mind of the original Corporate Debtor that this direction has been passed against it and in the event of non-compliance the consequences as spelt out in clause 5 of para 68 may ensue. 4. Keeping the afore .....

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