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2019 (10) TMI 1299 - HC - Companies LawMaintainability of application - initiation of CIRP - petitioners justify the approach to this court challenging the same alleging that even before the order is served on them, the third respondent, the Interim Resolution Professional appointed by the Tribunal in terms of the order, has commenced the insolvency resolution process, including public announcement - HELD THAT:- It is deemed appropriate to dispose of the writ petition directing the third respondent to defer further proceedings pursuant to Ext.P5 till 23.10.2019. Ordered accordingly. If the petitioners prefer an appeal challenging Ext.P5 order on or before 23.10.2019, further proceedings pursuant to Ext.P5 shall be deferred for a further period of one week also.
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