This order dismissed an application under Section 7 of the IBC because the corporate debtor was already in CIRP. It directed the creditor to file claims in the ongoing proceedings or seek revival upon settlement.
Petition disposed of; direction to Financial Creditor to file claim before IRP/RP in existing CIRP.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DIVISION BENCH COURT - II
P-108
NATIONAL COMPANY LAW TRIBUNAL KOLKATA BENCH KOLKATA
C.P. (IB)/316(KB)2021
CORAM: 1. HON’BLE MEMBER(J), SHRI ROHIT KAPOOR 2. HON’BLE MEMBER(T), SHRI HARISH CHANDER SURI
ATTENDANCE-CUM-ORDER SHEET OF THE HEARING ON 11TH MAY, 2022, 10:30 A.M
| IN THE MATTER OF |
|---|
| UNDER SECTION |
| YES BANK LIMITED |
|---|
| VS |
| SIMPLEX PROJECTS LIMITED |
| IBC UNDER SEC 7 |
Counsel / Authorised Representative appeared physically/through video conference:
For FC : Mr. Vikram Wadehra, Adv. For CD : Mr. Jishnu Chowdhury, Adv. Mr. Patita Paban Bishwal, Adv.
O R D E R
Harish Chander Suri Member (Technical)
Rohit Kapoor Member (Judicial)
hb.
YES BANK LIMITED
SIMPLEX PROJECTS LIMITED
Rohit Kapoor
Harish Chander Suri
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
