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2021 (9) TMI 1368

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..... l - Further, Status Quo as prevailing today shall be maintained by the parties in question. List this Appeal along with Company Appeal (AT) No. 106 of 2021 which is coming on 11th November, 2021. - Company Appeal (AT) No. 113 of 2021 - - - Dated:- 29-9-2021 - Justice Anant Bijay Singh Member (Judicial) and Ms. Shreesha Merla Member (Technical) For the Appellant: Mr. Ramji Srinivasan, Sr. Advocate with Mr. Abhijeet Sinha, Mr. Pawan Sharma, Mr. Siddharth Aggarwal, Ms. Divya Bhalla, Mr. Saikat Sarkar, Advocates. For the Respondent: Mr. Suman Jyoti Khaitan, Mr. Sameer Sagar, Ms. Shruti Gupta, Advocates, Mr. Dhruba Mukherjee, Sr. Advocate with Mr. Kumar Anurag Singh, Mr. Zain A Khan, Advocates, Mr. Ashish Aggarwal, Advocate, Mr. .....

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..... .08.2021 passed by Ld. NCLT in 108/241-242/PB/2021. 7. Learned Sr. Counsel for the Appellant further submits that Impugned Order in this case have been passed in 135/241-242/PB/2021 Dated 02.09.2021 whereby the Ld. NCLT now has passed the following orders: In view of the same, taking utmost care as regards the interest of the company and the shareholders, we hereby order status-quo to be maintained by both petitioners and also the respondents, with regards to the respondent and the shareholding of the company. This order of status quo is to be maintained by all the parties concerned until the next date of hearing, when the Commissioner s report would be made available to us, on the next date of hearing i.e. 16.09.2021. Therefor .....

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..... he Commissioner and opened the report and perused it and kept on record until further clarification by this Tribunal and further directed the matter to be listed on 27.09.2021. 9. Learned Sr. Counsel for the Appellant submits that the matter was taken up on 27th September, 2021 and the next date was fixed on 05th October, 2021 by the Ld. NCLT. 10. Learned Counsel for the Respondent Nos. 1 to 3 submits that on 27th September, 2021 copy of the Report of the Commissioner have been ordered to be circulated amongst the parties. He further informs this Appellate Tribunal that one of the Financial Creditor-Yes Bank has initiated Insolvency Proceeding under Section 7 of Insolvency and Bankruptcy Code, 2016. 11. Be that it may and after hea .....

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