2022 (3) TMI 1446

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..... view of the findings which have been arrived at by the NCLAT, and the assurance which has been given to the Court by the Liquidator, it is not necessary to entertain the Appeal. The Appeal is accordingly dismissed. - Civil Appeal No 1533 of 2022 - - - Dated:- 4-3-2022 - HON'BLE DR. JUSTICE D.Y. CHANDRACHUD AND HON'BLE MR. JUSTICE SURYA KANT For Appellant(s) Mr. C.U. Singh, Sr. Ad .....

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..... been taken by the Liquidator that the banks would return the money if they are not entitled, in accordance with Regulation 43 of the IBBI (Liquidation Process) Regulations 2016. 3 Mr Ritin Rai, senior counsel appearing on behalf of the Liquidator, states that the corporate debtor is being conducted as a going concern and no action which would be to the detriment of its status as a going concern .....

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