Stressed Assets Stabilisation Fund

VS

Adya Oils & Chemicals Ltd

Section 7 of the Insolvency & Bankruptcy Code, 2016

Order Delivered on 25.04.2024

CORAM:

MS. REETA KOHLI MS. MADHU SINHA

MEMBER (J) MEMBER (T)

Appearance through VC/Physical/Hybrid Mode:

For the Liquidator: Devarajan Raman (PH)

For the Respondent:

________________________________________________________________

ORDER

I.A. 1868/2024

The prayer in the I.A. is for taking on record the Progress Report for the quarter ended 31.03.2024. The same is taken on record. In view thereof, I.A. is disposed

of.

Stressed Assets Stabilisation Fund VS Adya Oils & Chemicals Ltd Section 7 of the Insolvency & Bankruptcy Code, 2016 Order Delivered on 25.04.2024 CORAM:

MS. REETA KOHLI MS. MADHU SINHA MEMBER (J) MEMBER (T)

Appearance through VC/Physical/Hybrid Mode:

For the Applicant in IA/4945/2023, IA/971/2024: Adv. Amit Tungare (PH)

For the Respondent in IA/4945/2023, IA/971/2024: Mr. Devarajan Raman (PH)

For the Applicant in IA/1073/2024: Mr. Devarajan Raman (PH)

________________________________________________________________

ORDER

I.A. 4945/2023 The Ld. Counsel for the Applicant on instructions submit that he does not wish to press the I.A. 4945/2023 as the similar prayer is made by them in I.A. 971/2024. In view thereof, I.A. 4945/2023 is disposed of as infructuous. The Ld. Counsel for the respondent submits that the reply filed in I.A. 4945/2023 be taken as reply in I.A. 971/2024.

I.A. 971/2024 Both the Ld. Counsels have concluded their arguments and prays for short adjournment to file the written submissions. In view of request made, adjourned to 02.05.2024. I.A. 1073/2024 Adjourned to 02.05.2024.