Ajit Kumar v. Insolvency And Bankruptcy Board Of India & ANR.

$~84 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 3782/2026 AJIT KUMAR .....Petitioner Through:

Counsel (appearance not given) versus INSOLVENCY AND BANKRUPTCY BOARD OF INDIA & ANR.

.....Respondents Through:

Mr.

Ashish Verma, Ms.

Kriti, Advocates for R-1.

Mr. Shashank Bajpai CGSC, Ms.

Aashna Mehra, Mr. Vatsal Tripathi, Mr.

Govind Singh Chauhan, Advocates for R-2.

CORAM:

HON'BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV

O R D E R

% 24.03.2026 CM APPL. 18540/2026 ( EXEMPTION) 1.

Exemptions allowed, subject to all just exceptions. 2.

Application stands disposed of.

W.P.(C) 3782/2026 and CM APPL. 18539/2026 3.

Heard.

4.

Issue notice.

5.

Learned counsel for respondent no.1 accepts notice, and, on instructions, submits that the alternate prayer 'b' of the petition be accepted to the extent of passing the order disposing of the Show Cause Notice The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/03/2026 at 13:19:47

(SCN).

6.

He further undertakes to dispose of the SCN dated 24.07.2024, within a period of one (1) week from today, by a reasoned and speaking order. 7.

The aforesaid statement is taken on record, and, accordingly, the petition, along with pending application, stands disposed of. 8.

All rights and contentions of the parties are left open. PURUSHAINDRA KUMAR KAURAV, J MARCH 24, 2026 aks The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 25/03/2026 at 13:19:47