Page 94 - IBC Orders us 7-CA Mukesh Mohan

Order Passed by Sec 7
Hon’ble NCLT Principal Bench
IN THE NATIONAL COMPANY LAW TRIBUNAL
PRINCIPAL BENCH NEW DELHI

C.P. (I.B.) No. 152/7/NCLT/PB/2017

Decided On: 07.08.2017

Applicant: Macro Leafin Private Limited

Vs
Respondent: Arrow Resources Limited

Judges/Coram:
Hon'ble Sh. M.M Kumar Member (J)
Deepa Krishan, Member (T)

Counsels:
For the Appellant/Petitioner/Plaintiff: Pulkit Deora, Learned Advocate

For Respondents/Defendant: None

ORDER

Hon'ble Sh. M.M. Kumar, C.J. (President)

1. The Macro Leaf in Private Limited (for brevity 'Financial Creditor) has filed the instant
application under Section 7 of the Insolvency and bankruptcy Code, 2016 (for brevity 'the Code') with a

prayer for initiation of Insolvency Resolution Process in the matter of Arrow Resources Limited (for
brevity 'the Corporate Debtor'). It is appropriate to mention that Financial Creditor is a Company

incorporated under the provisions of the Companies Act, 1956. Its CIN number is
U67190WB1995PTC073610 and it has its registered office situated at 39/1, Sir Hariram Goenka Street,
Ist Floor, Banstalla, Kolkata-700007.

2. The Financial Creditor has also proposed the name of Shri Ambarish Chatterjee, A-395, Sector-
19, Noida-201301. His registration number is IBBI/IPA-IP/00036/2016-17/1045. A written

communication dated 31.05.2017 in terms of Rule 9(1) of the Insolvency and Bankruptcy (Application to
Adjudicating Authority) Rules, 2016 has also been placed on record (Annexure-J). There are necessary

disclosures made by Mr. Ambarish Chatterjee as per the requirement of the IBBI Regulations.
Accordingly, he satisfies the requirement of Section 7(3)(b) of the Code.

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