NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Hon'ble Justice Rakesh Kumar Jain (Member(Judicial)) , Hon'ble Mr. Naresh Salecha (Member (Technical)) ,
Koinonia Coffee Pvt. Ltd. – Appellant
Versus
Vijay Kumar V Iyer RP of Future Retail Limited & Ors. – Respondent
Per: Justice Rakesh Kumar Jain:
This order shall dispose of three appeals arising out of the order dated
28.04.2023, passed by the Adjudicating Authority (National Company Law
Tribunal, Mumbai Bench, Court No. II), bearing CA (AT) (Ins) No. 572 of
3
2023 titled as ‘Koinonia Coffee Pvt. Ltd.’ Vs. Vijay Kumar V Iyer, RP of
Future Retail Limited & Ors.’ (First Appeal), CA (AT) (Ins) No. 660 of 2023
titled as ‘TNSI Retail Pvt. Ltd. Vs. Koinonia Coffee Pvt. Ltd. & Anr.’ (Second
Appeal), CA (AT) (Ins) No. 674 of 2023 titled as ‘Vijay Kumar V. Iyer Vs.
Koinonia Coffee Pvt. Ltd. & Ors.’ (Third Appeal), one Intervention Application
i.e. I.A. No. 2718 of 2023 and a Contempt Petition (AT) No. 27 of 2023 in CA
(AT) (Ins) No. 572 of 2023 filed for the alleged violation of the order dated
31.05.2023 passed by this Tribunal in CA (AT) (Ins) No. 572 of 2023.
2.
Bank of India filed an application i.e. C.P. (IB) No. 572/(MB)/2022
under Section 7 of the Insolvency and Bankruptcy Code, 2016 (in short
‘Code’) against the Future Retail Ltd. (in short ‘FRL’) (Corporate Debtor). FRL
was admitted into Corporate Insolvency Resolution Process (in short ‘CIRP’)
vide order dated 20.07.2022, moratorium was de
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