In the matter of Bank of India Vs. Paramshakti Steel Ltd. & Anr. CA (AT)(Ins) No. 459 & 460-2019

Let notice be issued on the Respondents. Mr. P.S. Bindra accepts notice on behalf of R-2 (‘Successful Resolution Applicant’). He is allowed to file reply-affidavit both on the question of condonation of delay and merit within two weeks. Rejoinder if, any, may be filed by the Appellant within one week thereafter.

Let notice be issued on rest of the Respondents by speed post. Requisite along with process fee, if not filed, be filed by 1st May, 2019. If the appellant provides the e-mail address of the respondent, let notice be also issued through e- mail.

Post the case for ‘admission’ on 30th May, 2019.

During the pendency of the appeal, implementation of ‘Resolution Plan’ is subject to the decision of this appeal.

[Justice S.J. Mukhopadhaya]

Chairperson

[Justice A.I.S. Cheema]

Member (Judicial)

[Kanthi Narahari]

Member (Technical)