An Application under Section 7 of the Insolvency and Bankruptcy

Code, 2016, and Rule 4 of the Insolvency and Bankruptcy

(Application to Adjudicating Authority) Rules, 2016.

IN THE MATTER OF:

Techma Engineering Enterprise Private Limited

… Financial Creditor/ Petitioner.

Versus

Millenium Forge & Engineers Private Limited

… Corporate Debtor/ Respondent.

Date of Pronouncement: 19^th August, 2024.

Coram:

SMT. BIDISHA BANERJEE, HON’BLE MEMBER (JUDICIAL)

SHRI. D.ARVIND, HON’BLE MEMBER (TECHNICAL)

Appearance:

For the Financial Creditor: Ms. Manju Bhuteria, Adv.

Mr. Kuldip Mallick, Adv. Mr. Ritoban Sarkar, Adv.

Mr. Aasish Choudhary, Adv.

Ms. Uma Bagree, Adv.

For Corporate Debtor: Mr. Shaunak Mitra, Adv.

Mr. Sanwal Tibrewal, Adv.

ORDER

PER Bidisha Banerjee, Member (Judicial):

1. This Court congregated through hybrid mode. 2. Heard the Learned Counsels for both parties.

3. Factual matrix:

3.1. This instant application is filed under Section 7 of the Insolvency and Bankruptcy Code, for brevity I&B Code, read with Rule 4 of the Insolvency and Bankruptcy (Application to the Adjudicating Authority) Rules, 2016, by “Techma Engineering Enterprise Private Limited” hereinafter referred to as “Financial Creditor” (“Applican