Canara Bank filed an appeal. The counsel for Canara Bank argued that the appeal was barred by limitation. Canara Bank agreed to comply with the order dated 6th September, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, Kolkata, to hand over the 'Fixed Deposit Receipt' (FDR) to the 'Resolution Professional' by 30th December, 2019. The Resolution Professional's counsel stated that the resolution plan had been approved. The court allowed Canara Bank to hand over the FDR for Rs.1,96,12,749/- including the interest accrued thereon or also renew the FDR from the date it was debited and hand over the same to the 'Resolution Professional'.

Canara Bank filed an appeal. The counsel for Canara Bank argued that the appeal was barred by limitation. Canara Bank agreed to comply with the order dated 6th September, 2019, passed by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench, Kolkata, to hand over the 'Fixed Deposit Receipt' (FDR) to the 'Resolution Professional' by 30th December, 2019. The Resolution Professional's counsel stated that the resolution plan had been approved. The court allowed Canara Bank to hand over the FDR for Rs.1,96,12,749/- including the interest accrued thereon or also renew the FDR from the date it was debited and hand over the same to the 'Resolution Professional'.