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TMI Blog2022 (3) TMI 1443X X X X Extracts X X X X X X X X Extracts X X X X ..... on to Adjudicating Authority) Rules, 2016 by Sh. Yogesh Gupta, Sole Proprietor-Rapid Constructions (for brevity 'Applicant/Operational Creditor'), with a prayer to initiate the Corporate Insolvency Resolution Process against M/s. Aadi Best Consortium Private Limited (for brevity 'Respondent/Corporate Debtor'). 2. That the Corporate Debtor namely, M/s. Aadi Best Consortium Private Limited is a Company incorporated on 29.11.2011 with CIN U70100DL2011PTC228100 under the provisions of the Companies Act, 2013 having its registered Office at Unit No. GF-6, Rishabh Corporate Tower, Plot No. 16, Karkardooma, Community Centre, New Delhi-110092. 3. That the Authorized Share Capital of the Corporate Debtor is Rs. 1,00,00,000/- and Pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tice to the Corporate Debtor has not filed its reply. Further during the course of hearing held on 28.03.2022, Ld. Counsel Sh. Prem Prakash appearing on behalf of Corporate Debtor had admitted the debt and default committed by the Corporate Debtor. 9. Further, during the course of hearing, the Ld. Counsel for the Applicant referred to the E-mails placed at Page No. 293 & 381 of the Application in support of his contention and the admission of liability by the Corporate Debtor. Here, we refer to the Email dated 21.09.2021 (Page-293) sent by the Corporate Debtor to the Applicant/Operational Creditor, which is reproduced below: 10. The Email dated 04.10.2021 (Page-381) as referred to by the Applicant is also reproduced below: 11. From the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e debtor in respect of its property including any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002; (d) The recovery of any property by an owner or lessor, where such property is occupied by or in the possession of the Corporate Debtor." 12. As proposed by the Operational Creditor, this Bench appoints Mr. Mohit Goyal having his Office at 17, LGF, Defence Enclave, Near Preet Vihar, Delhi-110092 (email id - [email protected] and Registration No. IBBI/IPA-001/IP-P02395/2021-22/13636, subject to the condition that no disciplinary proceedings are pending against the IRP so named and disclosures as required under IBBI Regulations, 2016 are made by him ..... X X X X Extracts X X X X X X X X Extracts X X X X
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