LAWS(NCLT)-2017-12-382

ATUL RASTOGI Vs. DUNCANS INDUSTRIES LTD

Decided On December 12, 2017
ATUL RASTOGI Appellant
V/S
DUNCANS INDUSTRIES LTD Respondents

JUDGEMENT

(1.) Ld. Counsel for the operational creditor and the corporate debtor is present.

(2.) Petitioner has filed this petition u/s. 9 of the Insolvency and Bankruptcy Code, 2016 and by our order dated 29/11/2017 petitioner was directed to furnish certificate in compliance of Section 9(3) (c) of the I & B Code, 2016. In compliance of that order petitioner has approached the Bank and Bank has issued the certificate as follows:

(3.) The above certificate is not in compliance of provisions of Section 9(3) (c) of the Insolvency and Bankruptcy Code, 2016, which is reproduced below: