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2021 (3) TMI 247 - SCH - Insolvency and BankruptcyPrivilege of interim resolution appointed by the Court - Taking extreme step to arrest the Interim Resolution Professional, Mr. Anuj Jain, who was working in that capacity pursuant to the order passed by the Court and entrusted with the functioning of the Company in question - Section 233 of the Insolvency and Bankruptcy Code - HELD THAT:- We will examine this aspect of the matter elaborately at appropriate time by treating this application as substantive writ petition filed by the applicant under Section 32 of the Constitution of India and to be numbered accordingly. In the meantime, we direct immediate release of the applicant, Anuj Jain, who is presently in custody of Police Station, Beta-II, District Greater Noida, Uttar Pradesh and had been produced today i.e. 02.03.2021 before the Court of Chief Judicial Magistrate, Gautam Buddh Nagar, Uttar Pradesh - It is directed that the Investigating Officer not to take any coercive action against the applicant in connection with the subject F.I.R. until further orders. List the writ petition after two weeks.
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