2024 (11) TMI 729

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... solvency & Bankruptcy
JUSTICE SHARAD KUMAR SHARMA MEMBER (JUDICIAL) AND JATINDRANATH SWAIN MEMBER (TECHNICAL) For the Appellant: Mr. P.H. Arvindh Pandian, Senior Advocate for Mr. Ankur Goel, Advocate For the Respondents: Mr. V.V. Sivakumar, Advocate, For R2 ORDER TA (AT) No.219/2021:- The Learned Counsel for the Appellant in the instant Comp App (AT) (CH) (Ins) No.23/2020 challenges the Ju .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ant to the order of 19.02.2020 appointing the liquidator. The matter was debated upon yesterday and was carried forward today for arguments. While opening the arguments the Learned Counsel for the Appellant has submitted that he would be rather opt, to prefer an Appeal under section 42 of I & B Code, thereby putting a challenge to the order of 19.02.2020 by approaching before the National Company .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... has rejected the claim of the Applicants, in its entirety. When the Appeal after the exchange of the pleading was taken up yesterday, it was pointed out by the Learned Counsel for the Respondent, that during the period of pendency of the Appeal, the order of liquidation had already been passed by the Learned Adjudicating Authority on 19.02.2020. Thus, in fact the Respondent Counsel contended that .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X