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2020 (6) TMI 789

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..... spondents requested time for filing their replies to Main/interim reliefs sought for, separate Applications are not maintainable. Moreover, the pleadings and prayers made in the above Applications are more or less covered under the reliefs sought for in the main Company Petition. Application are hereby disposed of by granting liberty to Applicants/Petitioners to urge the Tribunal to pass appropriate interim orders as sought for under the paragraph No. 44 of the main Company Petition, at the time of next date of hearing - Post the CP for consideration of interim reliefs on 10.07.2020. - I.A. Nos. 179, 180, 181, 182, 183, 184 and 189 of 2020 in C.P. No. 78/BB/2020 - - - Dated:- 16-6-2020 - Rajeswara Rao Vittanala, Member (J) and Ashuto .....

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..... n consent of the Petitioners, pending disposal of this Company Petition, and to pass an ad-interim ex-parte order, in the interests of justice and equity. 4. I.A. No. 181/2020 is filed by inter alia seeking to restrain the Respondents, their employees, Directors, agents, servants or any persons claiming through or under them in any manner whatsoever whether directly or indirectly from alienating or encumbering any assets, movable and immovable property owned by the Respondent No. 1 directly or through its subsidiaries, pending disposal of this Company Petition and to pass an ad-interim ex-parte order, in the interest of justice and equity. 5. I.A. No. 182/2020 is filed by inter alia seeking to revoke the Banking authority/mandate of t .....

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..... the interests of justice and equity. 9. Heard Shri Dhyan Chinnappa, learned Senior Counsel for the Applicants/Petitioners, and Shri Akshay Gosavi, learned Counsel for the Respondent Nos. 1 8, Shri Udaya Holla, learned Senior Counsel for the Respondent Nos. 2 to 6 and Dr. Aditya Sondhi, learned Senior Counsel for the Respondent No. 7, through Video Conference. We have carefully perused the pleadings of both the Parties and extant provisions of the Companies Act, 2013 and Rules made thereunder. 10. Shri Dhyan Chinnappa, learned Senior Counsel has insisted to pass appropriate orders as prayed for in the respective Applications, even though several interim prayers are already sought for in the main Company Petition. 11. It is to be p .....

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..... 0.07.2020. 13. The learned Counsels representing the Respondents have accepted notices and waives further notice and requested time to file their respective replies to the main as well as to interim reliefs as asked for in the main Company Petition. Therefore time granted for the Respondents to file their Replies. 14. In the result, I.A.Nos. 179, 180, 181, 182, 183, 184 and 189 of 2020 in C.P. No. 78/BB/2020 are hereby disposed of by granting liberty to Applicants/Petitioners to urge the Tribunal to pass appropriate interim orders as sought for under the paragraph No. 44 of the main Company Petition, at the time of next date of hearing. 15. Post the CP for consideration of interim reliefs on 10.07.2020. - - TaxTMI - TMITax - C .....

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