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of <h1>Supreme Court: Notice and Status Quo maintained in Liquidation matter.</h1> The Supreme Court of India ordered to condone the delay, issue notice, and directed parties to maintain status quo regarding liquidation. Respondent Nos. ... Maintainability of application - Jurisdiction to entertain application - Approval of Resolution Plan - Section 31 of the Insolvency and Bankruptcy Code, 2016 - refund of forfeiture of the Bid Bond Guarantee - HELD THAT:- Issue notice. Until further orders, the parties are directed to maintain status quo, as on today, with respect to liquidation. Reply, if any, be filed within four weeks. The Supreme Court of India in 2020 (5) TMI 689 - SC ordered to condone delay, issue notice, and directed parties to maintain status quo regarding liquidation. Respondent Nos. 1 and 2 accepted notice. Parties to file reply within four weeks.
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