ORDER

185 110 Company Appeals (AT) (CH) (Ins.) Nos. 164, 176, 218 & 219 of 2021 1 of 111 NATIONAL COMPANY LAW APPELLATE TRIBUNAL CHENNAI BENCH Company Appeals (AT) (CH)(Insolvency) No.164, 176, 218 & 219 of 2021 [Arising out of Impugned Order dated 15 July 2021 passed by the Adjudicating Authority/National Company Law Tribunal, Chennai Bench, Chennai in MA/13/CHE/2021 in IBA/1459/2019] 1. Company Appeals (AT) (CH)(Insolvency) No. 164 of 2021 IN THE MATTER OF: Dr. Periasamy Palani Gounder (erroneously spelt in the impugned Order as Dr Periyasamy Palani Gounder) (Promoter & Erstwhile Director) Appu Hotels Limited, 4A, Dugar Apartments Raja Rengasamy Road, Off 4^th Seaward Valmiki Nagar, Thiruvanmiyur, Chennai - 600041 Appellant Versus 1. Mr Radhakrishnan Dharmarajan Resolution Professional Appu Hotels Limited D-3 Triumph Apartments Jawaharlal Nehru Salai Arumbakkam, Chennai – 600106 Respondent No.1 2. M K Rajagopalan (Resolution Professional) Balaji Villa, No. 30A, Beach Road Kapaleeshwarar Nagar, Neelangarai Chennai – 600115 Respondent No.2 Present: For Appellant : Mr Ashkrit Tiwari, Advocate for Mr P H Arvindh Pandian, Sr. Advocate Mr K Surendar and Chenthoori Pugazendhi, Advocates For Respondent No.1 : Mr Vijay Narayan, Sr Advocate (Resolution Professional) for Mr V. Ramakrishnan, Sr. Advocate, Mr T. Ravichandran, Advocates For Respondent No.2 Dr Abhishek Manu Singhvi, Sr. Advocate Mr Ramji Srinivasan, Sr. Advocate (Successful Resolution Applicant) and Company Appeals (AT) (CH) (Ins.) Nos. 164, 176, 218 & 219 of 2021 2 of 111 Mr Devashish Bharuka, Mr Anant Merathia, Mr Justine George, Mr Rishi Srinivas, Ms Dhanisha Giri, Mr Srikanth and Mr Shivkrit Rai, Advocates With 2. Company Appeal (AT) (CH) (Insolvency) No. 176 of 2021 IN THE MATTER OF: Dharani Finance Limited Represented by its Chief Financial Officer No. 59, Sterling Road, Nungambakkam Chennai – 600034 Email: dfl@pgpgroup.in Appellant Versus 1. Mr Radhakrishnan Dharmarajan Professional – M/s Appu Hotels Limited D3, Block 1 Triump Apartments 114, Jawaharlal Nehru Salai, Arumbakkam Chennai – 600106 Email: rp.appuhotels@gmail.com Respondent No.1 2. M K Rajagopalan Balaji Villa, No. 30A, Beach Road Kapaleeshwarar Nagar, Neelangarai Chennai – 600115 Email: mkdirect@gmail.com Respondent No.2 Present: For Appellant : Mrs Haripriya Padmanabhan, Advocate for Mr V Shyamohan, Advocate, Mr R Udhayakumar, Ms Jhanvi Dubey, Ms Ishita Chowdhury, Mr Ashkrit Tiwari, Ms Sruthi Rajamanickam, Ms Sradhaxna Mudrika and Ms Astu Khandelwal, Advocates For Respondent No.1 : Mr Vijay Narayan, Sr. Advocate (Resolution Professional) for Mr V Ramakrishnan, Sr. Advocate, Mr T Ravichandran & Ms Elavarasi D, Advocates For Respondent No.2 : Mr Ramji Srinivasan, Sr. Advocate (Successful Resolution Applicant) for Mr Devashish Bharuka, Advocate Company Appeals (AT) (CH) (Ins.) Nos. 164, 176, 218 & 219 of 2021 3 of 111 Mr Anant Merathia, Mr Justine George, Mr Rishi Srinivas, Ms Dhanisha Giri, Mr Srikanth and Mr Shivkrit Rai, Advocates With 3. Company Appeal (AT) (CH) (Insolvency) No. 218 of 2021 IN THE MATTER OF: Dr V Janakiraman S/o Shri Vijayaraghavan No.159, Stratford Court Hollidaysburg, PA – 16648, USA Address for Service: M/s Avinash Krishnan Ravi Jerin Asher Sojan & Vikram Veerasamy, Advocate Address: No.115, 1^st Floor, Luz Church Road, Mylapore Chennai – 600004 Ph. No. 9560015330 Email: kravinash.akr911@gmaill.com Appellant Versus 1. Mr Radhakrishnan Dharmarajan Resolution Professional Appu Hotels Limited D-3 Triumph Apartments Jawaharlal Nehru Salai Arumbakkam, Chennai –