2024 (10) TMI 1624

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....Pardiwala And Manoj Misra, JJ. For the Petitioner : Mr. Tushar Mehta, Solicitor General, Mr. Uday Khare, Adv., Ms. Srideepa Bhattacharyya, Adv., Ms. Neha Shivhare, Adv., M/s. Cyril Amarchand Mangaldas. For the Respondent : Ms. Pallavi Pratap, AOR, Mr. A. Bavani, Adv., Mr. Nalin Kohli, Sr. Adv., Mr. Anoop Rawat, Adv., Mr. Vaijayant Paliwal, Adv., Ms. Charu Bansal, Adv., Mr. Vishrut Kansal, Ad....

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....g, inter alia, a consolidation of the appellant together with the CoCs of KSK Water Infrastructure Private Limited and Raigarh Champa Rail Infrastructure Private Limited. The consolidation of the CIRP of all the three companies through their respective Resolution Professionals was sought before the National Company Law Tribunal ["NCLT"] , Hyderabad Bench II. 5 The High Court by its impugned ord....

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....) No. 492/7/HDB/2019 on the file of NCLT and in the said applications, vide common order, dated 07.06.2022, the NCLT deferred the Resolution Process until further orders subject to the outcome of the appeal pending before the NCLAT and in the meanwhile granted stay of CIRP proceedings and directed the Resolution Professional not to undertake any such process till the lA (IB)/374/2022 is dispo....

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....Until such time, the Resolution Process shall be deferred." (emphasis supplied) 7 The CoC of KSK Mahanadi Power Company Limited has moved this appeal, aggrieved by the direction of the High Court deferring the CIRP. The grievance is that this order was passed by the High Court on the very first date of listing without issuing notice to the CoC or the other respondents. 8 We have heard Mr ....