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2021 (7) TMI 268 - AT - Insolvency and BankruptcySeeking stay on admitted CIRP proceedings - proceedings against both principal borrower and Appellant initiated under SARFAESI Act - overriding effect of IBC - Respondent No. 1/Bank vehemently opposed grant of any interim relief including stay of formation of CoC as it will hamper the 'CIRP' - HELD THAT:- The CIRP proceedings cannot be stayed at this stage - Let the matter be fixed 'For Admission (After Notice) on 15th July, 2021.
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