2019 (10) TMI 1500

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....Member-Technical ORDER The matter has been mentioned by the Interim Resolution Professional and the case is taken up for hearing. The matter under reference pertains to the Order that came to be passed by this Authority on 21.04.2017, copy of which is placed at pages 14 to 22 of the typed set filed with the Application, whereby the CIR Process was initiated against the Corporate Debtor vi....

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....le High Court of Madras was pleased to grant stay on 04.05.2017. Thereafter, the Division Bench of the Hon'ble High Court of Madras has vacated the stay vide its order dated 05.09.2019 by observing that the proceedings under IBC can continue against the Corporate Debtor. In the light of these facts, the Interim Resolution Professional viz. V. Mahesh has prayed to allow him to continue the C....