AYAN MALLICK Vs. STATE BANK OF INDIA

JUDGEMENT

(1.) The Court:

(2.) Subsequently, the company forwarded an One-Time Settlement proposal, which was accepted by the respondent no.1-bank.

(3.) In the interregnum, Corporate Insolvency Resolution Process (CIRP) was commenced in respect of the company by an order dated October 1, 2019 passed by the National Company Law Tribunal, Kolkata Bench.