Tribunals and CommissionsDivision Bench(2023) 10 NCLT CK 0099

IDBI Bank Limited Vs Osian's Connoisseurs of Art Private Limited

National Company Law Tribunal · Decided on 30 October 2023

HON’BLE JUDGES
Lakshmi Gurung, Member (J) · Charanjeet Singh Gulati, Member (T)
RESULT
Disposed Of
CASE NUMBER
I.A. 2326 Of 2023, 2645, 2629, 2191, 2188 Of 2022 In C.P.(IB)-1067(MB)/2019

AI Structured Summary

Not yet generated for this judgment

Judgment

10 paragraphs · 186 words

HEARING THROUGH: VC AND PHYSICAL (HYBRID) MODE

1.

Adv. Saurabh Kalia a/w Adv. Vidhi Chikhal appearing for the Applicant, Adv. Bhanu Chopra appearing for the Applicant in I.A. 2645/2022 and Respondent in I.A. 2629/2022 are present. Adv. Raghav Dembla a/w Adv. Shaurya Shyam appearing for the Applicant in IA 2629 of 2022 (through VC), Adv. Saurabh Kalia, Adv. Aaryan Sharma for the Successful Resolution Applicant (through VC) are present.

I.A. 2629/2022

2.

Ld. Counsel for the Applicant seeks an adjournment on the ground that the arguing counsel is on his legs before Hon’ble Bombay High Court.

Request is considered.

I.A. 2645/2022

3.

This is an application filed by the Resolution Professional for the approval of the Resolution Plan. However, this application is outcome of I.A. 2629/2022. Therefore, both I.A.s may be listed on same day. List this I.A. 08.12.2023.

I.A. 2191/2022, I.A. 2326/2023 &  I.A. 2188/2022

4.

None appeared for the Applicant in the above Applications. Resolution Professional is directed to find out the applicant and update the bench.

5.

List this matter along with pending applications listed on today’s board on 08.12.2023 High on Board.