National Company Law Appellate Tribunal
Atul Punj vs State Bank of India & Anr on 17 November 2020
NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI
Company Appeal (AT) (Insolvency) No. 974 of 2020
IN THE MATTER OF:
Atul Punj
…Appellant
Versus
State Bank of India & Anr.
…Respondents
Present:
For Appellant:
Mr. Pallav Saxena and Mr. Mohammad Nausheen Samar, Advocates.
For Respondents:
Citations and Judicial Treatment
Cited by
0
Decisions in the index citing it
Cites
0
Decisions referred to
In this index
0
Of the decisions it cites
Overruled / Questioned
0
No negative treatment found
Loading the citing and cited decisions…
This judgment in the centre: on the left the decisions it cites, on the right the decisions citing it. Colour is the treatment; choose a decision to open it.
O R D E R
(Through Virtual Mode) 17.11.2020: After hearing learned counsel for the Appellant we find that there is no decision on merit as the Adjudicating Authority (National Company Law Tribunal), New Delhi, Court IV has deferred consideration of the application keeping in view the fact that the issue of insolvency application against Personal Guarantor is pending consideration before the Hon’ble Apex Court. Resolution Professional has been directed to prepare and submit the report under Section 99 of the I&B Code of which the Appellant is aggrieved. If in this regard the Appellant has any reservation as regards procedure applied, it will be open to the Appellant to approach the Adjudicating Authority for seeking any clarification. The appeal is disposed of with aforesaid observation.
Cont’d…../
-2-
A copy of this order be communicated to the Adjudicating Authority (National Company Law Tribunal), New Delhi, Court IV.
[Justice Bansi Lal Bhat] Acting Chairperson
[Justice Anant Bijay Singh] Member (Judicial)
[Dr. Ashok Kumar Mishra] Member (Technical) am/gc
Company Appeal (AT) (Insolvency) No. 974 of 2020