The case involves an application (MA/144/2019) in relation to a corporate insolvency resolution process (CP/603/IB/2018). The order dated 28.05.2019 directed the Resolution Professional to decide on the remaining claim of the Applicant. The Resolution Professional submitted that a review petition is pending before the Debt Recovery Tribunal against the original order passed by the Debt Recovery Tribunal.
Asset Reconstruction Company (India) Ltd filed an application MA/144/2019 in CP/603/2018. The court had previously directed the Resolution Professional to decide on the remaining claim of the applicant via an order dated 2019-05-28. The Resolution Professional submitted that a review petition is pending before the Debt Recovery Tribunal against the original order passed by the Debt Recovery Tribunal. The arguments were concluded and both sides were given liberty to file written submissions on or before 2019-03-11. The Recovery Certificate issued by the Debt Recovery Tribunal is relevant to the claim. The outcome of the review petition pending before the Debt Recovery Tribunal will affect the claim.
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A direction was given to the Resolution…
Both sides were given liberty to file the…
The case involves an application (MA/144/2019) in relation to a corporate insolvency resolution process (CP/603/IB/2018). The order dated 28.05.2019 directed the Resolution Professional to decide on the remaining claim of the Applicant. The Resolution Professional submitted that a review petition is pending before the Debt Recovery Tribunal against the original order passed by the Debt Recovery Tribunal.
Asset Reconstruction Company (India) Ltd filed an application MA/144/2019 in CP/603/2018. The court had previously directed the Resolution Professional to decide on the remaining claim of the applicant via an order dated 2019-05-28. The Resolution Professional submitted that a review petition is pending before the Debt Recovery Tribunal against the original order passed by the Debt Recovery Tribunal. The arguments were concluded and both sides were given liberty to file written submissions on or before 2019-03-11. The Recovery Certificate issued by the Debt Recovery Tribunal is relevant to the claim. The outcome of the review petition pending before the Debt Recovery Tribunal will affect the claim.
A direction was given to the Resolution…
Both sides were given liberty to file the…