(Rohinton Fali Nariman and Indu Malhotra, JJ.)
Shipra Hotels Ltd. _________________________________ Appellant;
v.
Value Lines Interiors Pvt. Ltd. ______________________ Respondent.
Civil Appeal No. 7405 of 2018, decided on August 3, 2018
The Order of the court was delivered by
Order
1. Since the admission of the petition was on 01.06.2018, Section 12A, The Insolvency and Bankruptcy Code, 2016 enacted with effect from 06.06.2018 will not come into the picture.
2. In this view of the matter, we set-aside the order dated 01.06.2018 passed by the National Company Law Tribunal, Allahabad Bench and the impugned interim order dated 26.07.2018 passed by the National Company Law Appellate Tribunal, New Delhi and take on record the Memo of Settlement that has since been arrived at between the parties on 31.07.2018.
3. The appeal is disposed of accordingly.
Civil Appeal No(s). 7405/2018
M/s. Shipra Hotels Ltd _____________________________ Appellant
v.
M/s. Value Line Interiors Pvt. Ltd ___________________ Respondent
(in C.A. No. 8337 of 2017, in C.A. No. 8338 of 2017, IA No. 106197 of 2018-Exem. From filing c/c of the impugned judgment and IA No. 106193/2018-CLARIFICATION/DIRECTION and IA No. 106195/2018-PERMISSION TO FILE ADDITIONAL DOCUMENTS)
Date : 03-08-2018 This appeal was called on for hearing today.
(Before Rohinton Fali Nariman and Indu Malhotra, JJ.)
For Appellant(s) Mr. Sachin Datta, Sr. Adv.
Mr. Arbaal Hussain, Adv.
Mr. Animesh Sinha, Adv.
Ms. Prity Sharma, Adv.
Ms. Sonali Jaitley Bakshi, Adv.
Mr. Jaiyesh Bakshi, Adv.
Mr. P.V. Yogeswaran, AOR
For Respondent(s) Mr. Manohar Malik, Adv.
Mr. Amit Dhaka, Adv.
UPON hearing the counsel the Court made the following
ORDER
4. The appeal is disposed of in terms of the signed order.
5. Pending applications, if any, shall stand disposed of.
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