Professional Documents
Culture Documents
Vs.
ORDER
order dated 3rd July, 2017 passed by Ld. Adjudicating Authority (National
Bankruptcy Code, 2016 (hereinafter referred to as "I & B Code") has been
'Financial Creditor'.
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(AT) (Insol.) No. 116 of 2017 by judgment dated 31st July, 2017, this
observations: -
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taken a loan.
said order."
corporate debtor.
sub-section (2).
any other law for the time being in force, the National
or dispose of—
Act, 1963 or in any other law for the time being in force, in
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excluded".
6. In this respect one may also refer to Section 60 of the I & B Code,
against the guarantor before the same very Bench of the Adjudicating
guarantor of the corporate debtor is pending before any other court of law
Debtor.
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situated in India.
(Balvinder Singh)
Member(Technical)
ar