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2021 (12) TMI 125

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..... ent : Mr. Ramji Srinivasan, Sr. Adv. with Ms. Pooja Mahajan, Mr. Savar Mahajan & Ms. Srishti Kapoor, Advs. for R-1. Mr. Giriraj Subramanium & Mr. Simarpal Singh Sawhney, Advs. for R-2. ORDER CM APPL. 35688/2021 & CM APPL. 35689/2021 (lengthy synopsis and list of dates) 1. Exemption allowed, subject to all just exceptions. 2. The applications are disposed of. W.P.(C) 11572/2021 & C.M. APPL. 3 .....

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..... er passed by the Tribunal on 30.09.2021 was based on a presumption that the possession of the subject properties was still with the Corporate Debtor/respondent no. 2, which presumption was erroneous as noted by the Tribunal itself in its subsequent order dated 05.10.2021, but still the Tribunal has failed to vacate the interim order and that too when the petition under section 7 is yet to be admit .....

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..... etitioner if the direction to maintain status quo continues further. However, it is expected that on 15.11.2021 the Tribunal will consider the petitioner's application being I.A. No. 4516/2021 as it has directed all parties to complete pleadings in the application. 6. Accordingly, while issuing notice in the petition, the application for interim relief being CM APPL. 35687/2021 is rejected. 7. L .....

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