The appellants' appeal was stayed because the NCLT, Hyderabad, had declared a moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, in related proceedings. The matter was adjourned for future listing.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 148 of 2017)
(Arising out of T.S.A. 1097 of 2017 in DRT-2, Hyderabad)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
21.6.2022 Sai Nath Estates Private Limited … Appellant -VsSyndicate Bank … Respondent None for Appellant Ms. Sharmistha Pal led by Mr. Debasish Chakrabarti, Learned Counsel for Respondent Bank
THE APPELLATE TRIBUNAL :
Learned Counsel for Respondent places order passed by the Hon’ble NCLT, Hyderabad in the matter of Sainath Estates Private Limited -vs- Bank of India dated 8th July, 2019 wherein the petition under Section of the IBC, 2016 was admitted and moratorium was declared.
The Hon’ble NCLT having declared the moratorium, the proceedings of this appeal, in accordance with the provisions of Section 14 of the I & B Code, 2016, is stayed.
List the matter on 26th September, 2022.
(Anil Kumar Srivastava,J) Chairperson
Dated: 21st June, 2022 06/ac
1 provisions across 1 enactments
Sai Nath Estates Private Limited
Syndicate Bank
ANIL KUMAR SRIVASTAVA
As recorded by the court registry
3 orders share this CNR
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