This case involves two appeals, Company Appeal (AT) (Insolvency) No. 196 of 2023 and Company Appeal (AT) (Insolvency) No. 828 of 2023, both filed by the Ex Director of the Corporate Debtor, Vivek Prakash, challenging orders passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi Bench). Appeal No. 828 challenges an order dated 17.04.2023 regarding fraudulent transactions under Section 66 of the IBC. Appeal No. 196 challenges an order dated 22.12.2022 regarding preferential transactions under Sections 43 & 44 of the IBC. The Liquidator initiated proceedings based on a Transaction Audit Report dated 19.08.2020.
Vivek Prakash, the Ex Director of the Corporate Debtor, filed two appeals challenging orders passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi Bench). The first appeal, No. 828, challenges an order dated 17.04.2023 related to fraudulent transactions under Section 66 of the IBC. The Liquidator filed I.A.119/2022 under Section 66, alleging fraudulent transactions. The Adjudicating Authority extracted paragraphs from the application but the Appellant claims they couldn't file a reply. The last balance sheet filed by the Corporate Debtor was as of 31.03.2019. The second appeal, No. 196, challenges an order dated 22.12.2022 concerning preferential transactions under Sections 43 & 44 of the IBC. The Resolution Professional filed I.A.111/2022
…Sign in to view the parties.
Date of the Transaction Audit Report, which…
Date of the order passed by the…
This case involves two appeals, Company Appeal (AT) (Insolvency) No. 196 of 2023 and Company Appeal (AT) (Insolvency) No. 828 of 2023, both filed by the Ex Director of the Corporate Debtor, Vivek Prakash, challenging orders passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi Bench). Appeal No. 828 challenges an order dated 17.04.2023 regarding fraudulent transactions under Section 66 of the IBC. Appeal No. 196 challenges an order dated 22.12.2022 regarding preferential transactions under Sections 43 & 44 of the IBC. The Liquidator initiated proceedings based on a Transaction Audit Report dated 19.08.2020.
Vivek Prakash, the Ex Director of the Corporate Debtor, filed two appeals challenging orders passed by the Adjudicating Authority (National Company Law Tribunal, New Delhi Bench). The first appeal, No. 828, challenges an order dated 17.04.2023 related to fraudulent transactions under Section 66 of the IBC. The Liquidator filed I.A.119/2022 under Section 66, alleging fraudulent transactions. The Adjudicating Authority extracted paragraphs from the application but the Appellant claims they couldn't file a reply. The last balance sheet filed by the Corporate Debtor was as of 31.03.2019. The second appeal, No. 196, challenges an order dated 22.12.2022 concerning preferential transactions under Sections 43 & 44 of the IBC. The Resolution Professional filed I.A.111/2022
…Date of the Transaction Audit Report, which…
Date of the order passed by the…