2019 (12) TMI 1649

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..... t for grant of interim orders for the reason that the petitioner appearsto have made substantial payments and despite that further action is contemplated against the properties of the petitioner Company, which may result in irreparable loss and grave hardship to him and balance of convenience as on today lies in favour of the petitioner. Hence there shall be an order of adinterim injunction, as pr .....

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..... t includes the amount payable in conditional interim order and he would further state that respondent Bank had filed Statement of Accounts before the National Company Law Tribunal (NCLT) on 03.08.2019 stating that still a sum of Rs. 52,00,000/- is due as per the final orders of Debts Recovery Tribunal-II Chennai in O.A.No 633/2016 and counter claim no. 6 of 2018 and the petitioner had made payment .....

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..... invited the attention of this Court to the impugned common order of Debts Recovery Appellate Tribunal dated 14.11.2018 in R.A.No. 110/2019 and would submit that though it is held that the Bank is entitled for recovery of interest from the date of sanction till the date of filing of original application at the rate of 9% (simple interest), and that from the date of order till date of realisation r .....

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