IA 515 of 2021 was filed seeking to amend prayers in CP(IB) No. 420/7/HDB/2018. The applicant sought to amend prayers related to future water supply bills, revision of previous invoices, and to prevent the respondent from levying additional penal charges. The original CP(IB) was admitted on 05.09.2019, and IA 770 of 2021 is also pending.
Axis Bank, as a financial creditor/petitioner, initiated CP(IB) No.420/7/HDB/2018 against Lanco Amarkantak Power Limited, the corporate debtor. IA 515 of 2021 was filed by Saurabh Kumar Tikmani, the Resolution Professional of Lanco Amarkantak Power Ltd., seeking to amend the prayers in the captioned application. The amendments sought pertained to future water supply bills in accordance with a 16 MCM agreement, revision of previous water supply invoices raised by the Water Resource Department (respondent) since November 2019, and a direction to the respondent not to levy additional penal charges. The Water Resource Department is the respondent. The court noted that the amendments sought related to events subsequent to the filing of the original application and that the
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IA 515 of 2021 was filed…
IA 515 of 2021 was filed seeking to amend prayers in CP(IB) No. 420/7/HDB/2018. The applicant sought to amend prayers related to future water supply bills, revision of previous invoices, and to prevent the respondent from levying additional penal charges. The original CP(IB) was admitted on 05.09.2019, and IA 770 of 2021 is also pending.
Axis Bank, as a financial creditor/petitioner, initiated CP(IB) No.420/7/HDB/2018 against Lanco Amarkantak Power Limited, the corporate debtor. IA 515 of 2021 was filed by Saurabh Kumar Tikmani, the Resolution Professional of Lanco Amarkantak Power Ltd., seeking to amend the prayers in the captioned application. The amendments sought pertained to future water supply bills in accordance with a 16 MCM agreement, revision of previous water supply invoices raised by the Water Resource Department (respondent) since November 2019, and a direction to the respondent not to levy additional penal charges. The Water Resource Department is the respondent. The court noted that the amendments sought related to events subsequent to the filing of the original application and that the
…The original Company…
IA 515 of 2021 was filed…