Tribunals and CommissionsDivision Bench(2022) 06 NCLT CK 0532

Oriental Bank Of Commerce vs Sai Rayalaseema Paper Mills Ltd

National Company Law Tribunal · Decided on 20 June 2022

HON’BLE JUDGES
Bhaskara Pantula Mohan, Member (J) · Veera Brahma Rao Arekapudi, Member (T)
CASE NUMBER
IA No.1124/2019 & IA No.276,277,1120&1230/2020 & IA (IBC)/410/2021 in CP (IB) No.154/7/HDB/2019

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Judgment

4 paragraphs · 84 words

ORDER

Learned Counsel for the Resolution Professional, Learned Resolution Professional and Learned Counsel for the Corporate Debtor appeared via video conference.

In view of the order passed by the Hon'ble High Court of Telangana dated 1.06.2022 in CP(IB) No.2987 & 2553/2019 dismissing the CP(IB) No.154/7/HDB/2019, this Adjudicating Authority in terms of the memo filed by the Promoter states that the matter is no more in the record.

Hence, CP(IB) No. 154/7/HDB/2019 is hereby dismissed as per the directions of the Hon'ble High Court Telangana.