Wilful defaulter declarations stayed pending further consideration over findings of wilfulness, insolvency moratorium, and committee composition.

Orders declaring the petitioners as wilful defaulters were stayed pending further consideration, as the petition raised concerns over the absence of recorded findings of wilfulness, the effect of pending insolvency proceedings and moratorium, and the composition of the Review Committee. Notice was issued for final disposal, and the impugned orders remained stayed until further orders.

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Issues: Whether the impugned orders declaring the petitioners as wilful defaulters could be stayed pending further consideration, and whether the petition raised issues regarding the absence of recorded findings of wilfulness, the effect of pending insolvency proceedings and moratorium, and the composition of the Review Committee.

Outcome: Notice was issued for final disposal, and the impugned orders were stayed until further orders.

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