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2021 (6) TMI 191 - AT - Companies LawOppression and mismanagement - implementation of the "circular resolution" dated November 3, 2020 - Power of the tribunal in issuing direction to consider creating an "interim committee" to run the day-to-day affairs of the first respondent/company - HELD THAT:- This "Tribunal" without delving deep, at this juncture, is of the prima facie view that the implementation of the "circular resolution" dated November 3, 2020 is to be stayed in respect of the first respondent/company, in furtherance of substantial cause of justice and accordingly, stays the implementation of circular resolution dated November 3, 2020 till the next date of hearing June 11, 2021 - it is open to learned counsel for respondent No. 7 and learned counsel for respondents Nos. 3, 4, 5, and 11 to file a detailed reply/response/counter to the main appeal (not only through e-filing and also through hard copy before the "office of the registry") and the copy of the same shall be served to the "appellants side" before June 7, 2021. Soon after the receipt of the reply/response/counter of the respective parties, it is open to the "appellants" to file "rejoinder" if any, (not only through e-filing and also through hard copy before the "office of the registry"), of course, after serving to learned counsel for respondent No. 7 and respondents Nos. 3, 4, 5 and 11 - Let notice be issued through speed post returnable by June 11, 2021. Let the requisite together with process fee be filed by the appellants within 3 days from today. Notice to respondents Nos. 1, 2, 6, 8, 9 and 10 is also directed to be issued to the e-mail address of the said respondents, in the event of appellants furnishing the same. The "office of the registry" is directed to list the matter on June 11, 2021.
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