CANARA BANK Vs. DECCAN CHRONICLE HOLDINGS LIMITED

JUDGEMENT

(1.) Heard Shri S. Chidambaram, Learned PCS for the Applicant in CA 190/2017, Shri K.K. Rao, Learned IRP, Shri Deepak Bhattarcharjee, Learned Senior Counsel and Shri T. Nagender, Learned Counsel for the Petitioner (Canara Bank) in CA 210/2017.

(2.) Ca No.190/2017 is filed under Section 60 (5) of the IBC, 2016 is filed by Shri S.Chidambaram, Learned PCS on behalf of M/s. Nagarjuna Travels and Hotels Limited (Applicant herein) . The CA was listed for admission and heard on 16.11.2017 and at the request of one of the Counsels, the case stands posted to 07.12.2017. Accordingly, the case is listed today for hearing. When the case ;-as taken up for hearing, Mr. S.Chidambaram, Learned PCS was not ready to argue the case.

(3.) It has come to our notice by verifying the web-site of NCLAT, it is found that M/s. Nagarjuna Travels and Hotels Limited has challenged the said docket order dated 16.11.2017 vide Company Appeal (AT) (Insolvency) No.301/2017. The Hon'ble NCLAT has passed order dated 05.12.2017. The operative portion of the order is as follows:-