National Company Law Appellate Tribunal
SREI Equipment Finance Ltd. vs Shree Shankar Infratech Pvt. Ltd. & Ors. on 28 February 2020
NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI
Company Appeal (AT) (Insolvency) No. 341 of 2020
In the matter of:
SREI Equipment Finance Ltd.
....Appellant
Vs.
Shree Shankar Infratech Pvt. Ltd. & Ors.
....Respondents
Present:
Appellant:
Mr. Abhijeet Sinha, Mr. Saikat Sarkar and Ms. Arushi Mishra, Advocates.
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.
ORDER
28.02.2020: Since, in the Corporate Insolvency Resolution Process the parties have settled the claim before the Adjudicating Authority through mechanism available under Section 12A with 100% voting share of the Committee of Creditors, we find no merit in this appeal. Appeal is accordingly dismissed. However, this shall not preclude the Appellant from approaching the Adjudicating Authority with a proper application, if the cause survives.
[Justice Bansi Lal Bhat] Member (Judicial)
[V. P. Singh] Member (Technical)
[Alok Srivastava] Member (Technical) am/nn