2026 (3) TMI 1511

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.... AND KAMAL KHATA, JJ. For the Applicant: Mr. Vikram Nankani, Senior Advocate a/w Mr. Rahul Sarda, Mr. Vrushabh Vig, Mr. Vikrant Nalavade, Ms. Priyam Sharma i/b M/s. Crawford Bayley & Co., in IA/4604/2025 and Appellant in Appeal No. 1351/2019. For the Petitioner: Mr. Arvind Lakhawat i/b Mr. Abhijeet Marathe for the Applicant in IA/45/2026 and in WP/5167/2019. For the NSEL Investors Forum: Mr. Chetan Kapadia, Senior Advocate a/w Mr. Siddharth Puthoor i/b Mehta & Padmasey. For the Respondent-State: Ms. P.P. Shinde, A.P.P.. Mr. Anil C. Singh, Additional Solicitor General of India a/w Mr. Chaitanya Pendse, Mr. Aditya Thakkar, Mr. Rajdatt Nagre, Mr. Krishnakant Deshmukh, For the Respondent No. 1-ED: Mr. Aadarsh Vyas, Ms. Rama Gu....

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....ove the Special Court for modification/vacation of the interim directions, in the event the two orders passed by the Company Law Board ('CLB') and Economic Offence Wing ('EOW') were vacated. 3) Criminal Appeal (ST) bearing No. 139 of 2020, has been preferred by the Deputy Director, Directorate of Enforcement, Mumbai, challenging the same Judgment and Order. For the sake of convenience, the Directorate of Enforcement is hereinafter referred to as Respondent No. 1. 3.1) The Respondent No. 1 is aggrieved by the entire Order, and in particular, the lifting of the attachment pursuant to the Appellate Tribunal's directions upon furnishing the aforenoted undertaking by the Appellant. 4) We have heard these Appeals at considerable length o....

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....the Appellant, informed the Court that the said Order has been upheld by the Hon'ble Supreme Court and the S.L.P. filed by the disgruntled investor has been dismissed. 7) During the course of hearing, Mr. Anil C. Singh, learned Additional Solicitor General of India, with usual fairness at his command submitted that, the Respondent No. 1 has no serious objection to the implementation of the NCLT Order in its true letter and spirit. He, however, requested this Court to further clarify that paragraph No. 56(i) of the Order dated 28th November, 2025, be implemented in its true letter and spirit. 8) The record further indicates that, by Order dated 28th November, 2025, the NCLT appointed former Judge of this Court, Shri. Justice S.C. Gupte....