The case is a Company Appeal (AT) (Insolvency) No. 36 of 2018 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. It involves K. Kesava as the Appellant and Ajay Gopaldas Samat (HUF) & Ors. as the Respondents. The order directs Ajay Gopaldas Samat to appear in person with an affidavit stating the terms of the agreement under which he received amounts via cheques on different dates, as shown in pages 'D' and 'E' of the appeal. The appellant is required to file a rejoinder, if any, within a week and enclose a copy of the relevant agreement. The matter is posted for further hearing on March 14th, 2018. The Interim Resolution Professional(s) are instructed to ensure the company's ongoing operations and may seek assistance from the suspended Board of
…K. Kesava filed a Company Appeal (AT) (Insolvency) No. 36 of 2018 against Ajay Gopaldas Samat (HUF) & Ors. The NCLAT directed Ajay Gopaldas Samat to appear in person with an affidavit explaining the agreement under which he received payments via cheques, as detailed in pages 'D' and 'E' of the appeal. The appellant was given a week to file a rejoinder. The Interim Resolution Professional(s) were instructed to maintain the company's operations and could seek assistance from the suspended Board of Directors. The authorized signatory for bank cheques requires authorization from the Resolution Professional. The 'Corporate Debtor' is permitted to operate for day-to-day functioning, including payments for bills, salaries, and wages. The case was posted for further
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The case is a Company Appeal (AT) (Insolvency) No. 36 of 2018 before the National Company Law Appellate Tribunal (NCLAT), New Delhi. It involves K. Kesava as the Appellant and Ajay Gopaldas Samat (HUF) & Ors. as the Respondents. The order directs Ajay Gopaldas Samat to appear in person with an affidavit stating the terms of the agreement under which he received amounts via cheques on different dates, as shown in pages 'D' and 'E' of the appeal. The appellant is required to file a rejoinder, if any, within a week and enclose a copy of the relevant agreement. The matter is posted for further hearing on March 14th, 2018. The Interim Resolution Professional(s) are instructed to ensure the company's ongoing operations and may seek assistance from the suspended Board of
…K. Kesava filed a Company Appeal (AT) (Insolvency) No. 36 of 2018 against Ajay Gopaldas Samat (HUF) & Ors. The NCLAT directed Ajay Gopaldas Samat to appear in person with an affidavit explaining the agreement under which he received payments via cheques, as detailed in pages 'D' and 'E' of the appeal. The appellant was given a week to file a rejoinder. The Interim Resolution Professional(s) were instructed to maintain the company's operations and could seek assistance from the suspended Board of Directors. The authorized signatory for bank cheques requires authorization from the Resolution Professional. The 'Corporate Debtor' is permitted to operate for day-to-day functioning, including payments for bills, salaries, and wages. The case was posted for further
…Ajay Gopaldas Samat directed to appear in…
Matter post…
Sign in to view related legal provisions.