This is an appeal preferred by Mr. Neeraj Jain, a shareholder of M/s. Namo Alloys Pvt. Ltd. (the Corporate Debtor), against an order dated March 25, 2018, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The order initiated the Corporate Insolvency Resolution Process against the Corporate Debtor pursuant to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appellant contends that bank officials fraudulently withdrew amounts from the Corporate Debtor's account, leading to the filing of FIR No. 222/2018. The appellant argues that an amount of Rs. 23 Crores was fraudulently withdrawn, and had this amount remained in the account, the Corporate Debtor would have been able to pay its dues to the

This is an appeal preferred by Mr. Neeraj Jain, a shareholder of M/s. Namo Alloys Pvt. Ltd. (the Corporate Debtor), against an order dated March 25, 2018, passed by the Adjudicating Authority (National Company Law Tribunal), Principal Bench, New Delhi. The order initiated the Corporate Insolvency Resolution Process against the Corporate Debtor pursuant to an application under Section 7 of the Insolvency and Bankruptcy Code, 2016. The appellant contends that bank officials fraudulently withdrew amounts from the Corporate Debtor's account, leading to the filing of FIR No. 222/2018. The appellant argues that an amount of Rs. 23 Crores was fraudulently withdrawn, and had this amount remained in the account, the Corporate Debtor would have been able to pay its dues to the