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2024 Supreme(Online)(NCLAT) 168

NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Justice Ashok Bhushan (Chairperson) , Hon'ble Mr. Barun Mitra (Member (Technical)) ,
Ram Ratan Modi (Resolution Professional of Duncans Industries Limited) – Appellant
Versus
1. Merico Agro Industries Private Limited & Ors. – Respondent


JUDGEMENT

(2 nd August, 2024) Ashok Bhushan, J. These Appeals have been filed by Ram Ratan Modi, Resolution Professional of Duncans Industries Ltd.- (Corporate Debtor) challenging various orders passed by the Adjudicating Authority (National Company Law Tribunal), Kolkata Bench in different IAs filed by the Resolution Professional in CP (IB) No.184/KB/2018. By the different IAs filed, the Resolution Professional has sought possession of various Tea Gardens claiming to be assets of the Corporate Debtor which applications by different orders passed by the Adjudicating Authority have been rejected. Aggrieved by those orders, these Appeals have been filed.

2. Company Appeal (AT) (Insolvency) No.672 of 2021 has been filed by the Resolution Professional challenging the order dated 28.05.2021 passed by the Adjudicating Authority in IA No.1256/KB/2020 by which application the Resolution Professional prayed for direction to take possession of Hantapara, Garganda, Tulsipara and Dumchipara Tea Estates which application came to be rejected by the impugned order dated 28.05.2021.

3. Company Appeal (AT) (Insolvency) No.593 of 2022 has been filed by the Resolution Pr



























































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