LAWS(NCLT)-2017-8-389

IN RE Vs. TIRUPUR SURYA TEXTILES PVT LTD

Decided On August 28, 2017
IN RE Appellant
V/S
Tirupur Surya Textiles Pvt Ltd Respondents

JUDGEMENT

(1.) Mr. T. Sai Krishnan, Counsel for 1RP viz., Mr. S. Muthurajan present. Counsel for Financial Creditor, State Bank of India present. Counsel appearing on behalf of the Financial Creditor, State Bank of India is directed to hand over the possession of the assets in question to the IRP for further action, failing which the Financial Creditor shall file counter by explaining as to why the order of this Bench dated 07.07.2017 has not been complied with. Put up on 29.08.2017 at 10.30 A.M.