NCLT JUDGEMENT ON SECTION 7, 38, 39, 42, 60(5)(A), 60(5)(B) OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016
NAME MOBILE NO. E-MAIL I’D RANJEET KUMAR 8383098478 , 9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 , 9355723300 jai.thakur@courtkutchehry.com RAJEEV RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK MISHRA 9718327746 sales@courtkutchehry.com RAVI KUMAR ravi.singh@courtkutchehry.com Navayuga Engineering Pvt. Ltd Vs. Devendra Prasad, Liquidator Of East Coast Energy Pvt. Ltd, (2020) 07 NCLT CK 0061 NCLT allowed the application filed by the applicant, under section 42 read with 60(5)(a) & (b) of the Insolvency and Bankruptcy Code, 2016 (in short IB Code, 2016), against the Respondent/Liquidator, inter-alia seeking directions from this Adjudicating Authority to set aside the illegal and arbitrary decision taken by the liquidator as communicated by way of email dated 28.06.2019 rejecting a part of the claim submitted by the Appellant against the Corporate Debtor herein) towards idle charges as a p...