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2022 (2) TMI 1385

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..... d to make repayment of its dues - HELD THAT:- The figure of Rs.1.35 Crore which was mentioned in the Reply was reflected in the oral submission made by the Counsel for the Corporate Debtor which has been noted by the Adjudicating Authority. There being financial debt due which was an admitted fact, there are no error in the impugned judgment of the Adjudicating Authority by which Application has .....

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..... Kothari, Advocate for R1. Mr. Rohit Sharma, Mr. Soyaib Qureshi, Mr. Sandeep Bajaj, Advocates for R2. ORDER Heard Learned Counsel for the Appellant. 2. This Appeal has been filed against the order dated 15.12.2021 passed by the Adjudicating Authority (National Company Law Tribunal), Mumbai Bench, Court-I, admitting Section 7 Application filed by the Respondent. The Corporate Debto .....

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..... was filed on 20.01.2021 by e-mail. He further submits that he does not admit the amount of default as claimed by the Financial Creditor. 4. We have heard Learned Counsel for the Appellant and we have also perused the reply which is claim to have been filed on 20.01.2021 which has been brought on record at Page 28 of the paper book. 5. In para 7 of the said Reply, following has been stated b .....

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..... balance payment maximum to the extent of Rs. 1.35 Crores to the Financial Creditor in terms of what was agreed under the said Settlement Agreement. 6. The figure of Rs.1.35 Crore which was mentioned in the Reply was reflected in the oral submission made by the Counsel for the Corporate Debtor which has been noted by the Adjudicating Authority. There being financial debt due which was an admit .....

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