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TMI Blog2019 (10) TMI 1502X X X X Extracts X X X X X X X X Extracts X X X X ..... , Mr. Gopal Jain, Sr. Advocate, Mr. Abhijeet Sinha, Mr. Arijit Mazumdar, Mr. Shambo Nandy, Mr. Saikat, Sarkar, Ms. Akansha Kaushik, Mr. Kamesh, Advocates For Respondents: Mr. K.K. Jha, Mr. Raunak Dhillon, Mr. Ishan Gaur,, Mr. Parikalp Gupta, Advocates, Mr. Yati Sharma, Ms. Priya Puri, Ms. Srishti, Sharma, Mr. Anuj Aggarwal, Advocates, Mr. Sidharth Sethi, Ms. Tanya Tiwari, Advocates, Mr. K. Datta, Mr. Rahul Gupta, Advocates, Mr. Ashish Rana, Advocate, Mr. Vivek Malik, Advocate, Mr. Vikram, Advocate, Mr. Kamal Kant Jha, Advocate ORDER I.A. Nos. 2673,2674,2675,2676,2677 These applications have been preferred by Applicant(s) 'Lalpur Wind Energy Private Limited' (in I.A. No. 2673/2019); 'Rated Wind Power Private Limited' (I.A. No. 2674/2019) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment in respect to 'Infrastructure Leasing and Financial Services Ltd.' and its group companies under Section 241(2) of the Companies Act, 2013, we are not inclined to decide individual applications on merit. We have noticed that the aforesaid two Companies namely 'GIMCO' and 'Sealand Ports' are also the group companies of the 'Infrastructure Leasing and Financial Services Ltd.' and those entities have been marked as red entities. In the circumstances, we allow the Applicant to bring the aforesaid fact to the notice of the concerned Board of Directors who are considering the same. It will also be open to them to ask for interim stay from the Board of Directors to enable the Appellant for better proposal to raise more amount than the amoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Infrastructure Leasing and Financial Services Ltd.' as well as 'NHAI' not to terminate the 'Concession Agreement' between 'NHAI' and 'Fagne Songadh Expressway Limited' which was reached for execution of 'Fagne Songadh Expressway Limited'. Further prayer has been made to direct the Appellant (ILFS) to place the 'Resolution Plan' before the appropriate Committee. In the present case as the matter is being looked into by the Board of Directors and Committee constituted for individual group companies including two Expressway Ltd. including 'Fagne Songadh Expressway Limited', we are not inclined to deliberate on the issue, however, we are giving liberty to the Appellant to bring the facts to the notice of Board of Directors of 'ILFS' and Commi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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