Kalvakuntla Sudhir Rao vs. Union Of India

S U P R E M E C O U R T O F I N D I A RECORD OF PROCEEDINGS Writ Petition (C) No. 491/2022 SANGITA ARORA Petitioner(s) VERSUS UNION OF INDIA & ORS. Respondent(s) (FOR ADMISSION and IA No.91969/2022-STAY APPLICATION ) Date : 15-07-2022 This petition was called on for hearing today. CORAM : HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE ANIRUDDHA BOSE For Petitioner(s) Mr. Rana Mukherjee, Sr. Adv. Mr. Alok Dhir, Adv. Ms. Varsha Banerjee, Adv. Mr. Kanishk Khetan, Adv. Ms. Surabhi Guleria, Adv. Mr. Karan Batura, AOR For Respondent(s)

ITEM NO.5 COURT NO.13 SECTION X

UPON hearing the counsel the Court made the following O R D E R

It is submitted that the issues involved in this writ petition are similar and akin to those involved in other petitions pending in this Court questioning the validity of Sections 95(1), 96(1), 97 (5), 99 (1), 99(2), 99(4), 99 (5), 99 (6) and 100 of the Insolvency and Bankruptcy Code, 2016, wherein notices have been issued with interim orders.

Issue notice, returnable in six weeks.

Tag with W.P(C)No.307 of 2022.

In the meanwhile, petitioner(s) shall not transfer, alienate, encumber or dispose of any of their assets or legal rights or beneficial interest therein; and the Resolution Professional shall not proceed with filing of the report. Signature Not Verified

Digitally signed by Rajni Mukhi Date: 2022.07.15 17:12:58 IST Reason: