KAMAL CHEMICALS Vs. T C TERRYTEX LIMITED

JUDGEMENT

(1.) Ca No.14/2018

(2.) When this application was listed on 16.01.2018, the matter was adjourned for today and in view of the submissions made, the Interim Resolution Professional was directed to file his report.

(3.) First weekly report was filed by the Interim Resolution Professional on 15.01.2018 with regard to various compliances like public announcement in the newspapers and appointment of the registered Valuers. The Interim Resolution Professional submitted that he interacted with the employees/staff of the company and also the time granted for filing of the claims, if any, by them for which the last date was on 21.01.2018 . In the 2nd weekly report dated 22.1.2018 the Interim Resolution professional submitted that he has filed the report in view of the directions issued by this Tribunal. It is stated that despite expiry of the period during which the claims were to be filed, no claims have been received from any Financial Creditors or the operational creditor including the employees. The Interim Resolution Professional states that on checking of the records the statutory dues are being paid by the corporate debtor regularly.