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2018 (9) TMI 2137 - HC - Insolvency and BankruptcyJurisdiction - power of NCLT to strike down the provisions of Section 36A of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations 2016 - expression of interest already issued. HELD THAT:- At this stage, this Court is not inclined to interfere with the impugned order. However, it is pointed out that in some cases, the "Expression of Interest" has already been issued by the Resolution Professionals. This Court is of the view that the process in those cases, need not be interdicted. Therefore, it is directed that the impugned order dated 05.09.2018 passed by NCLT in the matter of State Bank of India vs. Su Kam Power Systems Ltd. [2018 (9) TMI 2103 - NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI PRINCIPAL BENCH] shall not come in the way of the matters where "Expression of Interest" has already been issued. List on 27.11.2018.
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