2019 (12) TMI 1568

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....dents No. 1 to 3. : Mr. Sureshkumar. ORDER P.C. : Heard learned Counsel for the respective parties. 2. The petitioner has filed this Petition for the following reliefs. "A. The Hon'ble Court may kindly issue writ of mandamus and any other appropriate writ and/or direction and/or order and thereby direct the Respondent No.3 to remove the seal & release the said property of the ....

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....n 07/05/2019, Insolvency Resolution Process published invitation for expression of interest in Form - G and thereafter appointed respondent No.5 as a Resolution Professional. 4. In a proceeding before NCLT, petitioner No.1 purchased the factory of petitioner No.2. Under the said proceedings, Rs. 67,61,06,870.10/- is to be deposited as per schedule. 5. In the present case, we are concerned wi....

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....t co-operate. 7. Learned Counsel for the petitioners submitted that petitioner No.1 is ready and willing to deposit the amount of Rs. 40,77,899/- within a period of one week from today and rest of the amount will be deposited on or before 10/07/2020. Statement is accepted. 8. Shri Sureshkumar learned Counsel for respondent No.3 submitted that petitioner No.2 owes provident fund dues to the t....

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....t he would like to file affidavit in reply to the Petition. He seeks time. We grant the request. We defer the hearing of this Petition to 09/01/2020. Till then, by way of ad-interim relief, we pass following order. ORDER i) Respondent No.3 is directed to remove the seal by tomorrow affixed on the property of the petitioner No.1 taken over by petitioner No.2 under NCLT order dated 11/11....