Tribunals and CommissionsDivision Bench(2023) 06 NCLAT CK 3141

B.Raghu Rami Reddy vs Mahalingam Suresh Kumar

National Company Law Appellate Tribunal, CHENNAI Bench · Decided on 13 June 2023

HON’BLE JUDGES
M. Venugopal, Member (Judicial) · Shreesha Merla, Member (Technical)
CASE NUMBER
Comp App(AT)(CH) (Ins) No.157/2022

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Judgment

4 paragraphs · 157 words

ORDER

On behalf of the Respondent, a ‘Memo’, is filed before the ‘Office of the Registry’, dated 14.02.2023 (received by the ‘Registry’ on 15.02.2023), stating that the ‘Successful Resolution Applicant’ M/s. Ansio Private Limited, had contravened ‘The Approved Terms of Resolution Plan’ and hence, the ‘Monitoring Committee’ had recommended, for the Liquidation of the ‘Corporate Debtor’. Thereupon, an IA 985/2022, was filed for Comp. App. (AT) (CH) (Ins) No. 157 /2022 Page 1 of 2 Liquidation of the ‘Corporate Debtor’ and the same, was allowed by the National Company Law Tribunal, Chennai Bench, through its Order dated 24.01.2023, in IBA/216/2019, by appointing the Respondent, as Liquidator.

In view of the above, in the instant Comp App(AT)(CH) (Ins) No.157/2022, nothing survives for Judgement, by this ‘Tribunal’. On recording the said fact, the instant Comp App(AT)(CH) (Ins) No.157/2022, is ‘Dismissed’ as an ‘Infructuous One’. No costs.

All the connected IA Nos.363 to 366/2022, IA Nos.687 & 688/2022, are closed.