NATIONAL COMPANY LAW APPELLATE TRIBUNAL

PRINCIPAL BENCH, NEW DELHI

Company Appeal (AT) (Insolvency) No.731 of 2020

[Arising out of Order dated 27^th February, 2020 passed by the Adjudicating

Authority (National Company Law Tribunal), Ahmadabad Bench, Ahmadabad

in I.A. No. 514 of 2019 in C.P. (IB) No. 04 of 2017]

IN THE MATTER OF:

Technology Development Board

Through – Assistant Law Officer

Vishwakarama Bhavan, Wing ‘A’,

Shaheed Jeet Sing Marg,

New Delhi – 110 016.

…Appellant

Versus

1. Mr. Anil Goel

Liquidator of Gujarat Oleo Chem Limited (GOCL),

AAA Insolvency Professional LLP,

E-104, Kailash Colony, Greater Kailash -1,

New Delhi – 110 048.

2. Stressed Asset Stabilisation Fund,

5^th Floor, IDBI Tower, WTC Complex,

Cuff Parade, Mumbai – 400 005.

3. Gujarat State Finance Corporation,

Block No. 10, Udyog Bhavan,

Gandhinagar – 382017.

….Respondent

Present:

For Appellant:

Mr. P. Vinay Kumar, Advocate & Ms. Nalini Negi, AR.

For Respondents: Mr. Kanishk Khetan, Advocate with Mr. Anil Goel,

Liquidator for R-1.

Mr. Pranab Kumar Mullick, Ms. Soma Mullick and

Mr. Deepak Kochhar, Advocates for R-2.

Mr. Indravad