9911796707
TMI Blog2024 (8) TMI 1529X X X X Extracts X X X X X X X X Extracts X X X X ..... he Adjudicating Authority, there is no necessity of considering any issue which has arisen in this appeal. The appellant having been offered to pay the amount of Rs. 39,30,54,422/-.
There are no reason to keep the appeal pending. The appeal is disposed of. X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 of the order the Adjudicating Authority he is already restrained from issuing the sale certificate and distribute the proceeds realised by way of going concern sale. Issue Notice. Let Reply be filed within two weeks. Rejoinder, if any, may be filed within two weeks, thereafter. List this appeal on 10.07.2024. In view of the directions issued by Adjudicating Authority in paragraph-20 no further orders are required". and therefore again the following order was passed on 05.07.2024. Learned Counsel for the Appellant submits that in the Appeal, an order was passed by this Tribunal on 21.05.2024 where the statement of Liquidator was recorded that the Adjudicating Authority by the impugned order at paragraph 20 has already restrained t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... regulation (e) of Regulation 32 of IBBI (Liquidation Process) Regulations, 2016, for Rs. 78,00,00,000/-. 9. Summary of the admitted claims, bifurcated into Term Loan and Working Capital Loans: Name of the Claimant Amount Admitted (A) + (B) Working Capital Loans (A) Term Loans (B) Karnataka Bank Rs. 48,87,14,731 Rs. 48,87,14,731 Rs. 0 State Bank of India Rs. 1,79,59,34,344 Rs. 1,69,69,57,662 Rs. 9,89,76,682 IDBI Bank Rs. 46,34,46,278 Rs. 46,34,46,278 Rs. 0 Axis Bank Rs. 23,77,03,236 Rs. 23,77,03,236 Rs. 0 Bank of India Rs. 76,41,31,810 Rs. 76,41,31,810 Rs. 0 Indian Bank Rs. 57,20,87,032 Rs. 57,20,87,032 Rs. 0 STCI Finance Ltd. Rs. 39,55,34,828 Rs. 0 Rs. 39,55,34,828 ICICI Bank Rs. 16,52,739 Rs. 16,52,739 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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