2019 (11) TMI 1386

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rned counsel for the petitioner filed this miscellaneous application seeking restrain order against J.M. Financial Services and other from alienating /transferring the assets of the respondent's company.  The Learned Senior Counsel appearing for the J.M. Financial Services who is a party as respondents in this Application had fairly submits in his capacity i.e. Secured Creditor for the loan .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ng a buyer with a better price, as available with a particular date the respondent would be free and in a position to sell the property.  In view of the urgency that the Respondent Company become an NPA, the argument advanced by the learned Senior Counsel is gone into very carefully and in view of the submissions made by the Petitioner we hereby direct both the parties to maintain status-qu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X