Page 448 - IBC Orders us 7-CA Mukesh Mohan

Order Passed under Sec 7
By Hon’ble NCLT Chandigarh Bench
IN THE NATIONAL COMPANY LAW TRIBUNAL
CHANDIGARH BENCH

C.P. (I.B.) No. 39/7/NCLT/CHD/PB/2017

Decided On: 28.07.2017

Applicant: Sunrise 14 A/S
Vs.
Respondent: Muskaan Power Infrastructure Limited

Judges/Coram:
Hon'ble Sh. R.P. Nagrath, Member (J)

Counsels:
For Appellant/Petitioner/Plaintiff: Rohit Khanna and Raghav Kapoor, Advocates

For Respondents/Defendant: I.P.S. Mangat, Advocate for Ishpuneet Singh, Advocate

ORDER

Hon'ble Sh. R.P. Nagrath, Member (J)

1. This petition has been filed by Sunrise 14 A/S, a Company incorporated under the Danish law having ts

registered office at Kobenhavn Denmark, claiming itself to he the Financial Creditor for initiating the
insolvency resolution process under Section 7 of the Insolvency & Bankruptcy Code, 2016 (for short to

be referred here-in-after as the 'Code') against the Respondent ("Corporate Debtor"), The application has
been filed in Form No. 1 as prescribed by sub-rule (1) of Rule 4 of the Insolvency & Bankruptcy
(Application to Adjudicating Authority) Rules, 2016 (for brevity the 'Rules').

2. The Board of Directors of "Financial Creditor" passed resolution dated 21.02.2017 (Annexure I(A)

authorising Mr. Varghese Thomas, Partner, J. Sagar Associates and Mr. Rohit Khanna, Advocate, all
rights to act, appear and plead on behalf of the company for initiation of corporate insolvency against the

"Corporate Debtor". It was further resolved to appoint and authorise Ms. Rakhi Lalwani to fife requisite
applications, papers, documents and affidavits to represent the company in the above proceedings. The
contents of the application are supported by an affidavit of Ms. Rakhi Lalwani, resident of Mumbai. The

affidavit is at page 95-A of the paper book.

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