2023 (5) TMI 1161

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pecial Leave Petition (Criminal) Diary No. 6732 of 2023 filed by the applicant was dismissed. 2. The applicant, an unsecured financial creditor of M/s. Leading Hotels limited ('LHL'), which is facing insolvency proceedings under the Insolvency and Bankruptcy Code, 2016, approached this Court by filing the captioned Special Leave Petition (Criminal) Diary No. 6732 of 2023, challenging an interim order dated 30.11.2022 passed by Delhi High Court in Criminal M.C. No. 6408 of 2022 extending the transit anticipatory bail granted to the Respondents herein, who are stated to be suspended directors of 'LHL'. 3. Vide judgment and order dated 24.02.2023 which was dismissed on the ground that the applicant (petitioner in the Special Leave Petiti....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....other persons, entities or organizations with which there was any business transaction by the corporate debtor, but only the persons who were responsible for the conduct of business of the corporate debtor can be proceeded against. 6. We have considered the arguments advanced by the learned counsel for the applicant and perused the record. 7. In our considered opinion, in the name of seeking a clarification, the endeavor of the applicant herein is to indirectly get over with the judgment and order dated 18.01.2023 in WP(C) (PIL) 04 of 2023 passed by Tripura High Court. Such an endeavor, in the guise of a clarification, cannot be permitted. 8. We may also observe that the Tripura High Court has rightly relied upon the observations m....