2025 (3) TMI 582

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....ounsel Representing Sri Amir Bavani Counsel for the Respondent No. 1: Ms. N.V.R. Rajya Lakshmi, Representing Sri Gadi Praveen Kumar, Deputy Solicitor General Of India Counsel for the Respondent Nos.2 to 4, 6: Counsel for the Respondents No.5 & 7: Sri Krishna Grandhi ORDER This Writ Petition is filed seeking the following relief: "... to issue a writ order direction in the nature of Mandamus the action of: a. The Respondent Nos. 3, 5 and 7 through the Respondent Nos. 2, 4 and 6 or independently to file an application for consolidation of CIRP of KSK Mahanadi Private Limited, KSK Water Infrastructures Private Limited and Raigarh Champa Rall Infrastructure Private Limited before the Learned NCLT, Hyderabad Benc....

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....rned Senior Counsel representing Sri Amir Bavani, learned counsel appearing for the petitioner; Ms. N .V.R. Rajya Lakshmi, learned counsel representing Sri Gadi Praveen Kumar, learned Deputy Solicitor General of India, appearing for respondent No. 1 and Sri Krishna Grandhi, learned counsel appearing for respondent Nos.5 and 7 and with their consent this writ petition is disposed of at the admission stage. 3. It is stated that the petitioner is a Company incorporated under the provisions of the Companies Act, 1956 and it is primarily responsible for distribution of the electricity in the State of Uttar Pradesh. It is further stated that respondent No.2-KSK Mahanadi Power Company Limited ("KSKMPCL") being represented by its Resolution Prof....

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.... of maximization of assets of all the Corporate Debtors. We in our limited jurisdiction cannot direct consolidation of CIRP of different Corporate Debotrs. 4. Aggrieved by the same, Punjab National bank (now) Prudent ARC Limited) has preferred Company Appeal (AT) (CH) (Ins) No.46 of 2021 on the file of National Company Law Appellate Tribunal, Chennai Bench (for short "NCALT"). It is further stated that during pendency of the appeal,  and were filed in CP(IB) No.492/7/HDB/2019 on the file of NCLT and in the said applications, vide common order, dated 07.06.2022, the NCLT ordered as follows: No.492/7/HDB/2019 by the NCLT but the same were taken away in view of withdrawal of Company Appeal. 7. As seen from the material placed on ....