Deepak Sarda vs. Union Of India

ITEM NO.5+42

COURT NO.11

SECTION X

SUPREME COURT OF INDIA RECORD OF PROCEEDINGS

Writ Petition (C) No. 616/2022

HOMT

Petitioner(s)

VERSUS

UNION OF INDIA & ORS.

Respondent $(s)$

WITH

$W.P.(C)$ No. 642/2022 (X) (FOR ADMISSION and I.R. and IA No.114879/2022-STAY APPLICATION)

$W.P.(C)$ No. 638/2022 (X) (FOR ADMISSION)

W.P.(C) No. $634/2022$ (X) (FOR ADMISSION and IA No.113732/2022-EX-PARTE STAY)

$W.P.(C)$ No. 647/2022 (X) (FOR ADMISSION and IA No.116641/2022-EX-PARTE STAY)

$W.P.(C)$ No. 635/2022 (X)

Diary No(s). 17106/2022 (X) (FOR ADMISSION and IA No.116522/2022-CONDONATION OF DELAY IN REFILING / CURING THE DEFECTS)

$W.P.(C)$ No. 657/2022 (X) (FOR ADMISSION and IA No.118336/2022-EX-PARTE STAY)

WITH

W.P.(C) No. 674 of 2022 (FOR ADMISSION and IA No.120985/2022-STAY APPLICATION)

WITH

W.P.(C) No. 655 of 2022 (X) (FOR ADMISSION and IA No.118245/2022-STAY APPLICATION)

WTTH

W.P.(C) No. 649 of 2022 (X) Some/CORed ADMISSION and IA No.116944/2022-STAY APPLICATION) ligitally signer<br>IEETA SAPE<br>Poto: 2022 he $\mathbf{Res}^{\mathbf{19:54}}_{\mathbf{Res}}$

W.P.(C) No. 652 of 2022 (X)

(FOR ADMISSION and IA No.117916/2022-STAY APPLICATION)

W.P.(C) No. 654 of 2022 (X) (FOR ADMISSION and IA No.118008/2022-STAY APPLICATION)

Date : 26-08-2022 These petitions were called on for hearing today.

CORAM :

HON'BLE MR. JUSTICE DINESH MAHESHWARI HON'BLE MR. JUSTICE SUDHANSHU DHULIA

For Petitioner(s)	Mr. Vivek Kohli, Sr. Adv.<br>Mr. Parijat, Adv.<br>Mr. Archit Upadhayay, AOR<br>Ms. Charu Sharma, Adv.
	Mr. Sandeep Ladda, Adv.<br>Mr. Soumik Ghosal, AOR
	Mr. Kunal Kanungo, Adv.<br>Mr. Nishant Chothani, Adv.<br>Ms. Tanushree Sogani, Adv.<br>Ms. Arusha Jain, Adv.<br>Mr. Siddharth Handa, Adv.<br>Mr. Sarthak Ghonkrokta, AOR
	Mr. K. Parameshwar, Adv.<br>Mr. Akshay Arun Deshmukh, Adv.<br>Mr. Anand Dilip Landge, AOR<br>Mr. Avineesh Jha, Adv.
	Mr. Mohit Chaudhary, Adv.<br>Ms. Puja Sharma, Adv.<br>Mr. Kunal Sachdeva, Adv.<br>Mr. Chowdhary Zulfkar Ali, Adv.<br>Mr. Balbinder Singh Suri, Adv.<br>Ms. Sanyukta Gupta, Adv.<br>Mr. Prakhar Mithal, Adv.<br>Ms. Mahima Ahuja, Adv.<br>Mr. Prakhyat Gargasya, Adv.<br>M/S. Kings And Alliance LLP, AOR
	Mr. Abhishek Anand, Adv.<br>Mr. Nipun Gautam, Adv.<br>Mr. Mohak Sharma, Adv.<br>Mr. Karan Kohli, Adv.<br>Mr. Viren Sharma, Adv.<br>Mr. Mithu Jain, AOR
	Mr. D. Bharat Kumar, Adv.<br>Mr. Tadimalla Bhaskar Gowtham, Adv.<br>Mr. Aman Shukla, Adv.

Mr. M. Chandrakanth Reddy, Adv. Mr. Gopal Jha, AOR Ms. Bhabna Das, AOR Mr. Siddharth Bhatnagar, Sr. Adv. Ms. Tahira Karanjawala, Adv. Mr. Arjun Sharma, Adv. Mr. Vardaan Wanchoo, Adv. Mr. Shreyas Maheshwari, Adv. Mr. Aditya Sidhra, Adv. Ms. Pracheta Kar, Adv. Mr. Nadeem Afroz, Adv. M/S Karanjawala & Co., Advs. Mr. Abhirup Dasgupta, Adv. Mr. Ishaan Dugal, Adv. Ms. Bhawana Sharma, Adv. Mr. Mohit D. Ram, Adv. Ms. Monisha Handa, Adv. Mr. Rajul Shrivastav,Adv. Mr. Anubhav Sharma, Adv. Mr. Siddharth Bhatnagar, Sr. Adv. Mr. Partha Sil, Adv. Mr. Ramnik Mishra, Adv. Mr. Tavish B. Prasad, Adv. Ms. Pracheta K., Adv. Mr. Aditya Sidhra, Adv. Mr. Nadeem Afroz, Adv.

For Respondent(s)

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

It is submitted that the issues involved in these writ petitions 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.

Delay condoned in Diary No. 17106 of 2022.

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. If the report has been filed, the same shall not be acted upon.

W.P.(C) No. 642/2022

Learned counsel for the petitioners seek permission to withdraw with liberty for the persons concerned to file fresh petition.

Permission granted.

The petition is dismissed as withdrawn with liberty as prayed.

(NEETA SAPRA) (RANJANA SHAILEY) COURT MASTER (SH) COURT MASTER (NSH)