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2021 (12) TMI 125

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..... - HELD THAT:- There are no reason to stay the impugned order. Once the petitioner has itself approached the Tribunal by way of an application to seek vacation of order of status quo granted on 30.09.2021, which application is pending adjudication before the Tribunal and is now listed on 15.11.2021, the Tribunal will necessarily consider the petitioner s plea that the impugned order was without j .....

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..... or R-1. Mr. Giriraj Subramanium Mr. Simarpal Singh Sawhney, Advs. for R-2. ORDER CM APPL. 35688/2021 CM APPL. 35689/2021 (lengthy synopsis and list of dates) 1. Exemption allowed, subject to all just exceptions. 2. The applications are disposed of. W.P.(C) 11572/2021 C.M. APPL. 35687/2021 (stay) 3. The present petition has been filed assailing the order date .....

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..... session of the subject properties was still with the Corporate Debtor/respondent no. 2, which presumption was erroneous as noted by the Tribunal itself in its subsequent order dated 05.10.2021, but still the Tribunal has failed to vacate the interim order and that too when the petition under section 7 is yet to be admitted. He therefore prays that the impugned order be set aside 5. Having consi .....

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..... it is expected that on 15.11.2021 the Tribunal will consider the petitioner s application being I.A. No. 4516/2021 as it has directed all parties to complete pleadings in the application. 6. Accordingly, while issuing notice in the petition, the application for interim relief being CM APPL. 35687/2021 is rejected. 7. Learned counsel for respondent nos.1 2 accept notice. They pray for, and .....

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