NCLT Exams Dictation No. 463

It is further submitted on behalf

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It is further submitted on behalf of the Operational Creditor that after hearing both the parties the Adjudicating Authority passed the interim order dated 30.04.2019 after recording the submission stated in the reply of the Corporate Debtor to pay the retention amount, which is as under. Though, there is no agreement over the reconciliation of the accounts, the parties are granted one day more to reconcile the same. Without prejudice to the rights and contentions raised by the Corporate Debtor in their reply, they are ready and willing to pay the retention amount. To come up for arguments and final disposal on 3rd May 2019.

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