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2018 (4) TMI 1730 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHIWhether impugned interim order is in consonance with sub-section (4) of Section 242 of the Companies Act, 2013? HELD THAT:- If the impugned order is stayed if will amount to grant of final relief, while we are not inclined to stay of the impugned order for the present, give liberty to State Bank of India/ Convenors of Joint Lenders to reach agreement to sale/ sale deed with regard to the mortgaged properties of the Company with any reliable purchaser and will keep the amount in a separate Escrow Account, which shall be subject to the decision of the appeal. If the State Bank of India intends to execute sale deed(s), the parties will co-operate with it. Post the matter on 18th April, 2018 before the 1 st Court.
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