RDB Realty & Infrastructure Limited, the successful bidder in the liquidation sale of M/s L.M.L Ltd. (Corporate Debtor), filed an application against Kanpur Electricity Supply Company Ltd. (Respondent No. 1) for rejecting the installation of a fresh electricity connection at the subject property. The applicant sought relief from the tribunal to direct the respondent to grant an electricity connection and declare that the respondent is not entitled to claim any dues over the property of the applicant. The corporate debtor was put into liquidation on 23.03.2018, and Mr. Arun Gupta was appointed as the liquidator. The liquidator issued an E-auction sale notice, and the applicant was declared the successful bidder. After taking possession, the applicant applied for a
…RDB Realty & Infrastructure Limited (Applicant) was the successful bidder in the e-auction of assets of M/s L.M.L Ltd. (Corporate Debtor) which was under liquidation. The applicant deposited Rs. 31.40 Crores along with interest amounting to Rs. 3,81,962/- to the Liquidator and took possession of the assets on 18.07.2023. The assets included property No. A1, A2, A3, A4, E16A, E30, E30A, 3C-6, C7, C8, C9, C10 situated at Site-II Panki Industrial Area Kanpur UP Area 61554.45 sq.mt. The applicant applied to Kanpur Electricity Supply Company Ltd. (Respondent No. 1) for a fresh electricity connection. Respondent No. 1, by letter dated 28.10.2023, informed the Applicant that the issuance of the fresh electricity connection would be subject to the clearance of outstanding
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Tribunal passed an…
Mr. Arun Gupta…
RDB Realty & Infrastructure Limited, the successful bidder in the liquidation sale of M/s L.M.L Ltd. (Corporate Debtor), filed an application against Kanpur Electricity Supply Company Ltd. (Respondent No. 1) for rejecting the installation of a fresh electricity connection at the subject property. The applicant sought relief from the tribunal to direct the respondent to grant an electricity connection and declare that the respondent is not entitled to claim any dues over the property of the applicant. The corporate debtor was put into liquidation on 23.03.2018, and Mr. Arun Gupta was appointed as the liquidator. The liquidator issued an E-auction sale notice, and the applicant was declared the successful bidder. After taking possession, the applicant applied for a
…RDB Realty & Infrastructure Limited (Applicant) was the successful bidder in the e-auction of assets of M/s L.M.L Ltd. (Corporate Debtor) which was under liquidation. The applicant deposited Rs. 31.40 Crores along with interest amounting to Rs. 3,81,962/- to the Liquidator and took possession of the assets on 18.07.2023. The assets included property No. A1, A2, A3, A4, E16A, E30, E30A, 3C-6, C7, C8, C9, C10 situated at Site-II Panki Industrial Area Kanpur UP Area 61554.45 sq.mt. The applicant applied to Kanpur Electricity Supply Company Ltd. (Respondent No. 1) for a fresh electricity connection. Respondent No. 1, by letter dated 28.10.2023, informed the Applicant that the issuance of the fresh electricity connection would be subject to the clearance of outstanding
…Tribunal passed an…
Mr. Arun Gupta…