{"id":3516,"date":"2023-12-01T05:32:27","date_gmt":"2023-12-01T05:32:27","guid":{"rendered":"https:\/\/nupurljlnu.com\/?p=3516"},"modified":"2023-12-01T05:32:28","modified_gmt":"2023-12-01T05:32:28","slug":"sarfaesi-act-section-132-jaydip-ghosh-vs-mahesh-caat-839-22-24-07-23-rakesh-jj-national-company-law-appellate-tribunal","status":"publish","type":"post","link":"https:\/\/nupurljlnu.com\/?p=3516","title":{"rendered":"SARFAESI ACT Section 13(2).        Jaydip Ghosh vs Mahesh CAAT 839\/22 24\/07\/23 [ RAKESH JJ ] [ NATIONAL COMPANY LAW APPELLATE TRIBUNAL ]"},"content":{"rendered":"\n<p><em>\u2022 SARFAESI ACT Section 13(2) Corporate Debtor was not doing any business Licence for running the factory had lapsed and not renewed for several years No insurance of the factory premises since several years Municipal tax not paid by the Corporate Debtor Even during CIRP the factory was non operational Factory plant was very old Factory premises was in the municipal area Now factory area was surrounded by residential area Held that it was commercial wisdom of the Committee of Creditors to accept the plan An unsuccessful resolution plan applicant has got no vested right No reason to entertain the appeals where the plan has finally been approved by Adjudicating Authority After approval of the Resolution plan by the Adjudicating Authority there is very narrow scope for the Appellate Tribunal to interfere. [Para 52]<\/em><\/p>\n\n\n\n<p><em>Jaydip Ghosh vs Mahesh CAAT 839\/22 24\/07\/23 [ RAKESH JJ ] [ NATIONAL COMPANY LAW APPELLATE TRIBUNAL ]<\/em><br><em>\u2022 \u0938\u0930\u092b\u0947\u0938\u0940 \u0905\u0927\u093f\u0928\u093f\u092f\u092e \u0927\u093e\u0930\u093e 13(2) \u0915\u0949\u0930\u094d\u092a\u094b\u0930\u0947\u091f \u0926\u0947\u0928\u0926\u093e\u0930 \u0915\u094b\u0908 \u0935\u094d\u092f\u0935\u0938\u093e\u092f \u0928\u0939\u0940\u0902 \u0915\u0930 \u0930\u0939\u093e \u0925\u093e, \u092b\u0948\u0915\u094d\u091f\u094d\u0930\u0940 \u091a\u0932\u093e\u0928\u0947 \u0915\u093e \u0932\u093e\u0907\u0938\u0947\u0902\u0938 \u0938\u092e\u093e\u092a\u094d\u0924 \u0939\u094b \u0917\u092f\u093e \u0925\u093e \u0914\u0930 \u0915\u0908 \u0935\u0930\u094d\u0937\u094b\u0902 \u0938\u0947 \u0928\u0935\u0940\u0928\u0940\u0915\u0943\u0924 \u0928\u0939\u0940\u0902 \u0939\u0941\u0906 \u0925\u093e, \u0915\u0908 \u0935\u0930\u094d\u0937\u094b\u0902 \u0938\u0947 \u092b\u0948\u0915\u094d\u091f\u094d\u0930\u0940 \u092a\u0930\u093f\u0938\u0930 \u0915\u093e \u0915\u094b\u0908 \u092c\u0940\u092e\u093e \u0928\u0939\u0940\u0902 \u0925\u093e, \u0915\u0949\u0930\u094d\u092a\u094b\u0930\u0947\u091f \u0926\u0947\u0928\u0926\u093e\u0930 \u0926\u094d\u0935\u093e\u0930\u093e \u0938\u0940\u0906\u0908\u0906\u0930\u092a\u0940 \u0915\u0947 \u0926\u094c\u0930\u093e\u0928 \u092d\u0940 \u0928\u0917\u0930\u092a\u093e\u0932\u093f\u0915\u093e \u0915\u0930 \u0915\u093e \u092d\u0941\u0917\u0924\u093e\u0928 \u0928\u0939\u0940\u0902 \u0915\u093f\u092f\u093e \u0917\u092f\u093e \u0925\u093e\u0964 \u092b\u093c\u0948\u0915\u094d\u091f\u0930\u0940 \u091a\u093e\u0932\u0942 \u0928\u0939\u0940\u0902 \u0925\u0940, \u092b\u093c\u0948\u0915\u094d\u091f\u0930\u0940 \u092a\u094d\u0932\u093e\u0902\u091f \u092c\u0939\u0941\u0924 \u092a\u0941\u0930\u093e\u0928\u093e \u0925\u093e, \u092b\u093c\u0948\u0915\u094d\u091f\u0930\u0940 \u092a\u0930\u093f\u0938\u0930 \u0928\u0917\u0930\u092a\u093e\u0932\u093f\u0915\u093e \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u092e\u0947\u0902 \u0925\u093e, \u0905\u092c \u092b\u093c\u0948\u0915\u094d\u091f\u0930\u0940 \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u0906\u0935\u093e\u0938\u0940\u092f \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u0938\u0947 \u0918\u093f\u0930\u093e \u0939\u0941\u0906 \u0925\u093e, \u092e\u093e\u0928\u093e \u0917\u092f\u093e \u0915\u093f \u092f\u094b\u091c\u0928\u093e \u0915\u094b \u0938\u094d\u0935\u0940\u0915\u093e\u0930 \u0915\u0930\u0928\u093e \u0932\u0947\u0928\u0926\u093e\u0930\u094b\u0902 \u0915\u0940 \u0938\u092e\u093f\u0924\u093f \u0915\u0940 \u0935\u094d\u092f\u093e\u0935\u0938\u093e\u092f\u093f\u0915 \u092c\u0941\u0926\u094d\u0927\u093f\u092e\u0924\u094d\u0924\u093e \u0925\u0940, \u090f\u0915 \u0905\u0938\u092b\u0932 \u0938\u092e\u093e\u0927\u093e\u0928 \u092f\u094b\u091c\u0928\u093e \u0906\u0935\u0947\u0926\u0915 \u0915\u094b \u0915\u094b\u0908 \u0928\u093f\u0939\u093f\u0924 \u0905\u0927\u093f\u0915\u093e\u0930 \u0928\u0939\u0940\u0902 \u092e\u093f\u0932\u093e \u0939\u0948\u0964 \u0909\u0928 \u0905\u092a\u0940\u0932\u094b\u0902 \u092a\u0930 \u0935\u093f\u091a\u093e\u0930 \u0915\u0930\u0928\u0947 \u0915\u093e \u0915\u094b\u0908 \u0915\u093e\u0930\u0923 \u0928\u0939\u0940\u0902 \u0939\u0948 \u091c\u0939\u093e\u0902 \u092f\u094b\u091c\u0928\u093e \u0915\u094b \u0905\u0902\u0924\u0924\u0903 \u0928\u094d\u092f\u093e\u092f\u0928\u093f\u0930\u094d\u0923\u092f\u0928 \u092a\u094d\u0930\u093e\u0927\u093f\u0915\u093e\u0930\u0940 \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0928\u0941\u092e\u094b\u0926\u093f\u0924 \u0915\u093f\u092f\u093e \u0917\u092f\u093e \u0939\u0948\u0964 \u0928\u094d\u092f\u093e\u092f\u0928\u093f\u0930\u094d\u0923\u093e\u092f\u0915 \u092a\u094d\u0930\u093e\u0927\u093f\u0915\u093e\u0930\u0940 \u0926\u094d\u0935\u093e\u0930\u093e \u0938\u092e\u093e\u0927\u093e\u0928 \u092f\u094b\u091c\u0928\u093e \u0915\u094b \u092e\u0902\u091c\u0942\u0930\u0940 \u0926\u0947\u0928\u0947 \u0915\u0947 \u092c\u093e\u0926 \u0905\u092a\u0940\u0932\u0940\u092f \u0928\u094d\u092f\u093e\u092f\u093e\u0927\u093f\u0915\u0930\u0923 \u0915\u0947 \u0932\u093f\u090f \u0939\u0938\u094d\u0924\u0915\u094d\u0937\u0947\u092a \u0915\u0930\u0928\u0947 \u0915\u0940 \u092c\u0939\u0941\u0924 \u0938\u0940\u092e\u093f\u0924 \u0917\u0941\u0902\u091c\u093e\u0907\u0936 \u0939\u0948\u0964 [\u092a\u0948\u0930\u093e 52]<\/em><\/p>\n\n\n\n<p><em>\u091c\u092f\u0926\u0940\u092a \u0918\u094b\u0937 \u092c\u0928\u093e\u092e \u092e\u0939\u0947\u0936 \u0938\u0940\u090f\u090f\u091f\u0940 839\/22 24\/07\/23 [\u0930\u093e\u0915\u0947\u0936 \u091c\u0947\u091c\u0947] [\u0930\u093e\u0937\u094d\u091f\u094d\u0930\u0940\u092f \u0915\u0902\u092a\u0928\u0940 \u0915\u093e\u0928\u0942\u0928 \u0905\u092a\u0940\u0932\u0940\u092f \u0928\u094d\u092f\u093e\u092f\u093e\u0927\u093f\u0915\u0930\u0923]<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&bull; SARFAESI ACT Section 13(2) Corporate Debtor was not doing any business Licence for running the factory had lapsed and not renewed for several years No insurance of the factory premises since several years Municipal tax not paid by the Corporate Debtor Even during CIRP the factory was non operational Factory plant was very old [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3516","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SARFAESI ACT Section 13(2).    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