Tribunals and CommissionsDivision Bench(2023) 07 NCLT CK 3527

Punjab National Bank vs J- Marks Exim (India) Pvt. Ltd.

National Company Law Tribunal · Decided on 19 July 2023

HON’BLE JUDGES
Prabhat Kumar, Member (Technical) · Kishore Vemulapalli, Member (Judicial)
CASE NUMBER
IA-2978/2023 in C.P.(IB)/2176(MB)/2019

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Judgment

22 paragraphs · 290 words
1.

Mr. Prakhar Tandon i/b Mr. Agam H. Maloo, Ld. Counsel for the Applicant present.

2.

This is an Application seeking rectification of typographical mistakes in the order dated 19.04.2023. This Bench has perused the records and finds that necessary order needs to be passed. Accordingly, the following order is passed to rectify the mistakes as pointed out in the Application.

a. On page 1 under the heading 'Appearances', the recorded appearances shall be substituted by the following:

"For the Applicant/RP in IA(IBC) no. 1576(MB) of 2021: Adv. Rohit Gupta a/w Adv. Prakhar Tandon, Adv. Agam H. Maloo and Adv. mahma Shah i/b Intralegal"

"For the Applicant/RP in IA(IBC) no. 333(MB) of 2021: Adv. Prakhar Tandon i/b Adv. Agam H Maloo".

b. At page 2, para 2.1 third line, the number “25.05.2020” shall be replaced by the number “26.05.2020”.

c. At page 3, third line, the number “19.06.2022” shall be replaced by the number “19.06.2020”.

d. At page 3, para 2.6, third line, the number “16.12.2020” shall be replaced by the number “06.12.2020”.

e. At page 4, first line, the number “08.02.202” shall be replaced by the number “08.02.2021”.

f. At page 8, below para 5, the existing table shall be replaced by the following table with full contents:

Sr. No.Nature of CreditorsAmount Claimed (in Lakhs)Amount Admitted (in Lakhs)Amount provided in the Plan (in Lakhs)Amount provided to the amount claimed (in %)
1.Secured Financial Creditor (who voted in favour of the Resolution Plan340,52,12,136251,75,27,9348,67,28,4142.547
2.Unsecured Financial Creditor9,52,01,1317,45,29,4715,00,0000.665
3.Operational Creditors80,03,49,29279,96,68,20918,71,5860.234
4.Other Creditors
5.Workmen and Employees
6.Statutory Dues
7.Other Debts and Dues
Grand Total428,07,62,559339,17,25,6148,91,00,0002.081
3.

Rest of the order remains unchanged.

4.

This order shall form part of order dated 19.04.2023 and shall be read accordingly.

5.

With the foregoing, IA-2978/2023 disposed of.