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TMI Blog2020 (10) TMI 1177X X X X Extracts X X X X X X X X Extracts X X X X ..... /2020 Transfer Petition(s)(Civil) No(s).1146/2020 Transfer Petition(s)(Civil) No(s).1148/2020 JUSTICE L. NAGESWARA RAO And JUSTICE HEMANT GUPTA And JUSTICE AJAY RASTOGI For the Petitioner : Ms. Madhavi Divan, ASG Mr. Apoorv Khator, Adv Mr. Vikas Mehta, AOR For the Respondent : Mr. Karan Batura, AOR Mr. Alok Dhir, Adv. Ms. Varsha Banerjee, Adv. Mr. Rajiv Singh, Adv. Mr. Srujana Suman Mund, Adv. Mr. Rishi Raj Sharma, AOR Mr. E. C. Agrawala, AOR Mr. Rohit Sharma, Adv. Mr. Pranav Bhaskar, Adv. Mr. Atul Agarwal, Adv. Mr. Rounak Nayak, Adv. Mr. Kumar Dushyant Singh, AOR Mr. Vedula Venkataramana, Senior Adv. Mr. Vikram Pooserla, Adv. Mr. Tadimalla Bhaskar Gowtham, Adv. Mr. Nitish Bandary, Adv. Mr. P. Gautham Rao, Adv Mr. Abhinay Reddy M. Adv. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the High Court of Delhi and other High Courts challenging the Notification dated 15.11.2019 and the Insolvency and Bankruptcy (Application to Adjudicating Authority for Insolvency Resolution Process of Personal Guarantors to Corporate Debtors) Rules, 2019. The Writ Petitioners also sought a declaration that Section 95, 96, 99, 100, 101 of the Insolvency and Bankruptcy Code, 2016 are unconstitutional in so far as they apply to personal guarantors of corporate debtors. The Writ Petitions filed in the Delhi High Court are scheduled to be heard finally on 10.11.2020. The Petitioner contended that several Writ Petitions have been filed in the other High Courts. The Petitioner requests for the transfer of the Writ Petitions from all the High ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... itions. Transfer Petitions could have been filed by the Union of India. d) That transfer of the Writ Petitions from various High Courts to this Court would not hasten the process and lead to early disposal. On the other hand, the Writ Petitions will remain pending in this Court for a long period of time. 6. After hearing the submissions made by the parties, we are of the considered opinion that the Writ Petitions that are pending in the High Courts pertaining to the challenge to the Notification dated 15.11.2019 and related issues have to be transferred to this Court. Transfer of the Writ Petitions to this Court would avoid conflicting decisions by the High Courts which are in seisin of the Writ Petitions. The Insolvency and Bankruptcy ..... X X X X Extracts X X X X X X X X Extracts X X X X
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