T.R.RAVI
Tharakan Web Innovations Pvt. Ltd. , Represented By Its Director Mr. Shameem Palykandy Jaleel – Appellant
Versus
National Company Law Tribunal Kochi Bench – Respondent
JUDGMENT :
The issues involved in these writ petitions are intrinsically connected and the parties are also same. The writ petitions are hence heard and disposed of together. The reference to the parties and exhibits is, as they appear in W.P.(C)No.27636 of 2020.
2. Heard Sri Joseph Kodianthara, learned Senior Advocate instructed by Sri Isaac Thomas on behalf of the petitioner in W.P. (C)No.27636 of 2020 and Sri Hari Kumar G.Nair, learned counsel for the petitioner in W.P.(C)No.14158 of 2021, who is the 2nd respondent in W.P.(C)No.27636 of 2020.
THE DISPUTE IN BRIEF
W.P.(C)No.27636 of 2020
3. This writ petition has been filed challenging the order of the Adjudicating Authority under the Insolvency and Bankruptcy Code (hereinafter referred to as 'IBC'). The facts that will be relevant for deciding the case are as follows;
4. The petitioner is a Private Limited Company engaged in the activities of developing software and promoting advancement in the field of Information Technology. The 2nd respondent has filed IBA/34/KOB/2020 before the 1st respondent claiming to be an operational creditor and arraying the petitioner as a corporate debtor under the provisions of the IBC. The case of the 2n
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