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High Court for State of TelanganaCRP/755/2020disposed of no costs

Mr. Mahender Kumar Khandelwal v. M/S. Power Finance Corporation Limited

2020-06-26A.Rajasheker Reddy3 pages

HIGH COURT FOR THE STATE OF TELANGANA AT HYDERABAD FRIDAY ,THE TWENTY SIXTH DAY OF JUNE TWO THOUSAND AND TWENTY PRESENT THE HONOURABLE SRI JUSTICE A.RAJASHEKER REDDY CIVIL REVISION PETITION NO: 755 OF 2020 (Petition Under Article 227 of lhe Constitution of lndia against improper exercise of jurisdiction in not deciding on the maintainability of the 1.A.No.234 of 2O2O in C.P.(lB)No.49217|HDB12019 by the National Company Law Tribunal, Hyderabad situated at Bandlaguda, Nagole, Ranga Reddy District) Between:

ft/r.lt4ahender Kumar Khandelwal, S/o. Sh.Surajmal Khandelwal Age 53, Occ. Resolution Professional, R/o. B-2A, Sunny Valley CGHS, Plot No. 27, Sector - 12, Dwarka, New Delhi - 110078 ...PETITIONERYINTERIM RESOLUTION PROFESSIONAL AND

1. [t//s. Power Finance Corporation Limited, Represented by its Generat Manager, Having its office at No.1, Urjanidhi, Barakhamba Lane, Connaught Place, New Delhi - 110001 ....RESPONDENT/FINANCIAL CREDITOR

2. KSK l\,4ahanadi Power Company Limited, Under CIRP Having its office at 8-22931821A14311A, Road No.22, Jubilee Hills, Hyderabad. ..,RESPONDENT/CORPORATE DEBTOR r.A.NO. 1 0F 2020 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased to stay all further proceedings in the l.A.No. 234 of 2020 in CP (lB) No. 492l7lHDBl2019 pending on the file of National Company Law Tribunal. Hyderabad Bench, Hyderabad Situated at Bandlaguda, Nagole, R.R.District. Counsel for the Petitioner : SRl. S.GANESH Counsel for the Respondents : NONE APPEARED The Court made the following: ORDER

TIIE IION'BLE SRI JUSTICE A.RAJASHEKER REDDY c.R.P.NO.755 0F 2020 I

ORDER

Learned counsel for the"petitioners would submit that the cause in the revision petition does not survive.

Recording the above submission, revision petition is disposed ot-. Interlocutory applications pending, if any, shall stand closed. No order as to costs.

Sd/.K.AMMAJI ASSISTANT REGlafRAR &,/ SECTION OFFICER To, . The Registrar, National Company Law Tribunal, Hyderabad situated at Bandlaguda, Nagole, Ranga Reddy District 9n" 99 lo Sri S.Ganesh ,Advocate (OpUC) . Two CD Copies //TRUE COPY// k.t

\ HIGH COURT ARR,J DATED:2610612020 TA r€i S Jco 0I m20il

ORDER

o CRP.No.755 of 2020 * PA.T t o€.s ., Disposing of the C.R.P without costs v