The case involves two Interlocutory Applications (IAs), IA-3710/2021 and IA-3753/2021, filed in relation to (IB)-575(ND)/2017. IA-3710/2021 seeks permission to bring additional documents on record for adjudication of IA No. 412/2021. IA-3753/2021 seeks initiation of contempt proceedings against the liquidator for wrongfully notifying an e-auction and directing the liquidator to call off/hold the auction.
Small Industrial Development Bank of India filed an application under Section 7 of the IBC, 2016 against Delicious Coco Water Private Limited. The applicant filed IA-3710/2021 seeking to bring additional documents on record for adjudication of IA No. 412/2021. The applicant also filed IA-3753/2021 seeking initiation of contempt proceedings against the liquidator for wrongfully notifying an e-auction dated 03.09.2021 for sale of assets of the corporate debtor, allegedly acting contrary to a stay order dated 15.02.2021. The applicant requested that the liquidator be directed to call off/hold the auction dated 03.09.2021 until the pronouncement of the order in I.A. 412/2021. The court had reserved orders on IA 412/2021 on August 6th, 2021. The liquidator was allegedly
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The case involves two Interlocutory Applications (IAs), IA-3710/2021 and IA-3753/2021, filed in relation to (IB)-575(ND)/2017. IA-3710/2021 seeks permission to bring additional documents on record for adjudication of IA No. 412/2021. IA-3753/2021 seeks initiation of contempt proceedings against the liquidator for wrongfully notifying an e-auction and directing the liquidator to call off/hold the auction.
Small Industrial Development Bank of India filed an application under Section 7 of the IBC, 2016 against Delicious Coco Water Private Limited. The applicant filed IA-3710/2021 seeking to bring additional documents on record for adjudication of IA No. 412/2021. The applicant also filed IA-3753/2021 seeking initiation of contempt proceedings against the liquidator for wrongfully notifying an e-auction dated 03.09.2021 for sale of assets of the corporate debtor, allegedly acting contrary to a stay order dated 15.02.2021. The applicant requested that the liquidator be directed to call off/hold the auction dated 03.09.2021 until the pronouncement of the order in I.A. 412/2021. The court had reserved orders on IA 412/2021 on August 6th, 2021. The liquidator was allegedly
…Hon'ble Tribunal passed a stay order in…
Next date of…
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