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TMI Blog2023 (2) TMI 1198X X X X Extracts X X X X X X X X Extracts X X X X ..... ith regard to bank guarantees for which extension is now sought for, in the peculiar facts and circumstances of the present case. Application is disposed of accordingly. - I.A. No. 785 of 2021 I.A. No. 4526, 4977 - 4978, 4867 of 2022 in Company Appeal (AT) No. 346 of 2018 With Company Appeal (AT) No. 347 of 2018 JUSTICE ASHOK BHUSHAN, CHAIRPERSON AND DR. ALOK SRIVASTAVA, MEMBER (TECHNICAL) Mr. Ramji Srinivasan, Sr. Advocate with Mr. Raunak Dhillon, Mr. Vikash Jha, Ms. Isha Malik, Mr. Nihaad Dewan, Advocates for IL FS. Ms. Shruti Pandey, Advocate. Mr. Aditya Sikka, Ms. Vasudha Vijaysheel, Advocates for Union of India. Mr. Munindra Dvivedi, Ms. Divya Bhall, Advocates for NHAI in I.A. No. 4526 of 2022. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... All the applications are closed. However, there shall be liberty to those applicants whose grievances are still subsisting to file fresh application. 2. I.A. Nos. 349 and 4114 of 2019: Shri Ramji Srinivasan, learned senior counsel for the IL FS submits that in view of the order of this Tribunal dated 12.03.2020 and the subsequent events taken place thereafter, prayers made in these applications do not survive. In view of the above, applications are closed. However, liberty shall be reserved to file a fresh application if there are still grievances to the applicants. 3. I.A. Nos. 361, 1112, 1681, 2789, 3672 and 254 of 2019: The principal prayer in these applications is modification of order dated 15.10.2018. In view of the o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... applications are dismissed as infructuous. 9. I.A. No. 574 of 2019: With regard to similar application, we have already passed an order on 24.08.2022 in I.A. No. 343 of 2019. This application is disposed of in the same terms. 10. I.A. No. 785 of 2021: Learned counsel for the parties submit that the application is already been disposed of by order dated 19.01.2023 passed in I.A. No. 817-818 of 2021. It is submitted that I.A. No.785 is same as I.A. No. 817-818 of 2021. We, thus, dispose of I.A. No. 785 of 2021 in same terms in view of the order dated 19.01.2023. 11. I.A. No. 4526 of 2022: This application has been filed by National Highway Authority of India (NHAI) praying for following reliefs: (a) Direct M/s IL F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -4978 of 2022: This application has been filed by Shruthi Total HR Solutions Pvt. Ltd. By the application applicant has prayed for direction for payment of outstanding amount of Rs. 1,09,29,254/- against the IL FS Environment and Infrastructure Ltd. as well as amount of Rs. 8,53,621/- which is due form Respondent No.1. The Respondent No.1 i.e. Indo Enviro Integrated Solutions Limited has already taken over under the Resolution Plan. Learned counsel for Respondent No.1 submits that Respondent No.1 shall make payment of any amount which is subsequent to the cut of date for which appropriate details be given by the applicant to the Respondent No.1. We permit the applicant to give the details of amount after cut of date i.e. 15.10.2018, wh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d also undertakes to pay the BG Commission charges on the same (Details of the said BGs, table@Pg. 8). Learned counsel for the IL FS submits that certain contracts have been terminated, in such case bank guarantee shall be returned to the Bank and for 8 bank guarantees, details of which have been given in the reply, where extension is required, the IL FS shall make payment of commission charges. Recording the submission of the IL FS, we direct the IL FS to return such bank guarantees to the Bank for which extension is not required. We also direct that IL FS shall make payment of commission charges with regard to bank guarantees for which extension is now sought for, in the peculiar facts and circumstances of the present case. Applicat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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