2021 (8) TMI 1275

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....ndhoke, Mr Prashant Mishra, Mr Shalin Arthwan, Ms Aimen reshi, Advocates. For the Respondent : Mr A.S. Chandhiok, Senior Advocate with Mr NPS Chawla, Mr Sujoy Datta, Mr Simranjeet Singh, Ms Rhea Dube, Ms Rudrakshi Deo, Advocates for R1 to R4. Mr Jayant K Mehta, Senior Advocate for R5. ORDER 1. The petitioner has filed the present petition under Section 9 of the Arbitration and Concilia....

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....of RSIL held by them to the extent of an aggregate 11 % and/or in any manner dealing with such shares; d) Direct the Respondents No. I to 4 to get 11 % of the equity capital of RSIL (from among RSIL's shares held by them), released from the pledge to the lenders by paying off the requisite debt; e) Award costs of the present petition to the Petitioner;" 2. The petitioner c....

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....ue to hold majority shares in respondent no.5 for at least a period of 90 (ninety) days from today and will not further encumber the same during the said period. 4. The respondent nos. 1 to 4 are bound down to the statements made on their behalf. 5. No further orders are required to be passed in this petition. 6. The same is disposed of. 7. At this stage, Mr Mehta, learned senior couns....