consultation with any financial regulator;
(b) a surety in a contract of guarantee to a corporate debtor.
(4) The order of moratorium shall have effect ... Central Government
in consultation with any financial sector regulator.
IV. That the order of moratorium shall have effect from 28.01.2020 till
the completion
Consultation Committee'. Regulation 31A (1) is as follows:-
"31A. Stakeholders' consultation committee. (1)
The liquidator shall constitute a consultation committee
within sixty ... also relevant which are to the following effect:-
"(9) The consultation committee shall advise the
liquidator, by a vote of not less than sixty
Dinesh G. Jaiswal vs 1) Punjab National Bank on 22 September, 2022
1
NATIONAL COMPANY
Central Government
in consultation with any financial sector regulator.
(4) The order of moratorium shall have effect from the date of
such order till ... corporate
debtor under section 33, the moratorium shall cease to have
effect from the date of such approval or liquidation order, as
the case
Consultation Committee'. Regulation 31A (1) is as follows:-
"31A. Stakeholders' consultation committee. (1)
The liquidator shall constitute a consultation committee
within sixty ... also relevant which are to the following effect:-
"(9) The consultation committee shall advise the
liquidator, by a vote of not less than sixty
extracted below:
"Regulation 31A. Stakeholders' Consultation Committee
(1)
*
*
(11) The consultation committee, after recording the reasons, may
by a majority vote ... constitute
the consultation committee as required under the said
Regulations and provisions provided under amended Regulation
31A shall come into effect only after such constitution
Ashwani Kumar through one Naresh Financial Consultancy
engaged the services of 2nd respondent as broker to effect transfer of their
shares. The broker (2nd respondent
acts, deeds and things as may be necessary
to give effect to the foregoing resolution, including
but not limited to, undertake requisite disclosures
or related ... other
persons engaged as advisors/ consultants, to do
all such acts, deeds, things to give effect to the
foregoing resolutions.""
12. After
acts, deeds and things as may be necessary
to give effect to the foregoing resolution, including
but not limited to, undertake requisite disclosures
or related ... other
persons engaged as advisors/ consultants, to do
all such acts, deeds, things to give effect to the
foregoing resolutions.""
12. After
stipulated that the Consultant would indemnify the Respondent No.2 against
loss and liabilities arising out of disregard by the Consultant of their duties ... useful to reproduce the said clause which is to
the effect:
"8.2 The Consultant hereby agrees to indemnify the Company and
all Group Companies