IN THE NATIONAL COMPANY LAW TRIBUNAL

MUMBAI BENCH

(2) MA-1485/2018 & MA-1298/2018

MA-789/2019 & MA-1517/2018
MA-439/2019 & MA-336/2018
MA-1450/2019 & MA-1636/2019
MA-497/2019 & MA-510/2019
In C.P. (IB)-298-(MB)/2018

CORAM: SHRI M.K.SHRAWAT

MEMBER (J)

ORDER SHEET OF THE HEARING OF MUMBAI BENCH OF THE NATIONAL

COMPANY LAW TRIBUNAL ON 10.06.2019

NAME OF THE PARTIES: GTL Infrastructure Ltd. & Ors.

M/s. Navajyoti Printing Press Pvt. Ltd.
Sameer Dave
Bombay Rayon Fashions Ltd.
GTL Infrastructure Ltd.
Lanka Venkat Sastry
Samay (India) Pvt. Ltd.
Plaza Maintenance & Services Ltd.
In
Aircel Ltd.

SECTION: 10 OF THE INSOLVENCY AND BANKRUPTCY CODE.

ORDER

1. The Learned Representatives for both sides present.

2. The Learned Representative for Resolution Professional present.
MA-336/2018 & MA-337/2018 – These Two Applications are from the side of
the R.P. seeking an injunction that during the period of Moratorium the License
by the DOT i.e. Telecom Licenses need not be terminated/suspended and the
Respondent be directed not to take any action.
3. The Applicant apprehends that the Respondent/Union of India may
terminate/suspend the Telecom Licenses. Therefore, it is prayed in this
Application that Union of India be directed not take any action against the
Petitioner in relation to any unpaid dues.
4. On hearing the Learned Counsel for the Petitioner and the Learned Counsel
from
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the side of the Government it is informed that since the Resolution Plan stood
approved by the Committee of Creditors and the Application has been moved
to take action under section 31 of the Code, therefore, it is necessary to see
and examine whether the Resolution Applicant has made a provision for
payment of License Fees to the Applicant with regard to the unpaid dues.
5. It is hereby directed to the R.P. to specify the relevant portion of the
Resolution Plan and meanwhile file an Additional Affidavit by way of Rejoinder
along with evidence to be annexed in it about the position of the availability of
the funds . To be filed by 19.06.2019.
6. MA-336/2018 & MA-337/2018 adjourned to 01.07.2019. HIGH ON BOARD.
7. MA-1450/2019 adjourned to 11.06.2019 at 4.00 PM.
8. MA-510/2019 adjourned to 17.07.2019.
9. MA-1517/2019 – The Learned Counsel of the Resolution Professional seeking
time to file a Reply.On receiving this Application, reply to be filed by
28/06/2019.
MA-1517/2019 - Adjourned to 22.07.2019.
10. Main Matter is listed for hearing on 29.07.2019.
Sd/-
M.K. SHRAWAT
Member (Judicial)
10.06.2019
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