crores that has been perpetuated on Punjab
National Bank (PNB) by one Mr. Nirav Modi (Respondent No.11 before
Tribunal), Mr. Nishal Modi (Respondent ... India, committed mega fraud by
conniving with some of the Officers of PNB routing money of a public sector
Company Appeal
Limited 810.27 116.74 71.25 998.26
SBI 200.00 28.81 17.59 246.40
PNB 205.14 29.56 18.04 252.74
Promoter 405.14 58.37 35.63 499.14
Equity
Total ... that
constitute the Consortium of Lenders.
vi) The Appellant submits that the PNB Consortium entered into an Inter-
se Agreement dated December 17, 2015 amongst
follows: SBI classified it as NPA on
31.1.2010, Punjab National Bank (PNB in short) on 30.6.2014,
Corporation Bank on 10.10.2014 and UCO Bank ... Corporate Debtor was sanctioned credit up to Rs.121.66 crores.
Later PNB also joined the Working Capital Consortium
Agreement and sanctioned working capital credit
preferred by the Appellant 'Punjab
National Bank' (in short 'PNB') against the order dated
14.12.2021 (hereafter called 'Impugned Order ... days for submission of claims was
over on 29.12.2020 and the Appellant/PNB filed its claim vide
email dated 05.03.2020 (claim filed by United Bank
concerned 83% voting share rest with
'Punjab National Bank' (PNB) and 17% rest with HDFC bank based on their claim
(appearing at page ... Appeal paper Book in CA(AT) (Ins) No. 449 of 2020.
The PNB has advanced various credit facility
concerned 83% voting share rest with
'Punjab National Bank' (PNB) and 17% rest with HDFC bank based on their claim
(appearing at page ... Appeal paper Book in CA(AT) (Ins) No. 449 of 2020.
The PNB has advanced various credit facility
FLOOR, FEROZPUR ROAD LUDHIANA,
PUNJAB-141001 EMAIL- zs8352@pnb.co.in ...Respondent No. 3
Present:
For Appellant : Mr. Gaurav Mitra, Ms. Lavanya Pathak ... Santosh Kumar Root & Ms. Dharna Veragi, for
R-3/ PNB.
JUDGMENT
(Hybrid Mode)
[Per: Justice Mohd. Faiz Alam Khan, Member (Judicial)]
The instant appeal
Aditya Wadhwa, Mr. Arunav Sarma and Mr.
Abhyankar Pant, Advocate for PNB
WITH
Company Appeal (AT) (Insolvency) No. 289 of 2025
IN THE MATTER ... Aditya Wadhwa, Mr. Arunav Sarma and Mr.
Abhyankar Pant, Advocate for PNB.
WITH
Company Appeal (AT) (Insolvency) No. 307 of 2025
Cont
FLOOR, FEROZPUR ROAD LUDHIANA,
PUNJAB-141001 EMAIL- zs8352@pnb.co.in ...Respondent No. 3
Present:
For Appellant : Mr. Gaurav Mitra, Ms. Lavanya Pathak ... Santosh Kumar Root & Ms. Dharna Veragi, for
R-3/ PNB.
JUDGMENT
(Hybrid Mode)
[Per: Justice Mohd. Faiz Alam Khan, Member (Judicial)]
The instant appeal
FLOOR, FEROZPUR ROAD LUDHIANA,
PUNJAB-141001 EMAIL- zs8352@pnb.co.in ...Respondent No. 3
Present:
For Appellant : Mr. Gaurav Mitra, Ms. Lavanya Pathak ... Santosh Kumar Root & Ms. Dharna Veragi, for
R-3/ PNB.
JUDGMENT
(Hybrid Mode)
[Per: Justice Mohd. Faiz Alam Khan, Member (Judicial)]
The instant appeal
