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Madras High CourtWMP/11188/2017dismissed for not pressed

Prathyusha Resources & Infra v. The Union Of India

2017-04-25Honourable The Chief Justice,Honourable Mr Justice M. Sundar2 pages

IN THE HIGH COURT OF JUDICATURE AT MADRAS

( Special Original Jurisdiction ) Tuesday, the Twenty Fifth day of April Two Thousand Seventeen PRESENT THE HON'BLE MS.INDIRA BANERJEE, THE CHIEF JUSTICE AND THE HON`BLE MR JUSTICE M. SUNDAR WMP No.11188 of 2017 IN WP.10242/2017 AND WMP NOS.11189 AND 11190 OF 2017 IN WP. NO.10243/2017 1 PRATHYUSHA RESOURCES & INFRA[ PETITIONER IN WMP No.11188 of 2017] PVT. LTD., REP. BY DIRECTOR, D.NO.25/40/13, GANGUAVARI STREET, NEAR LAXMI TALKIES, VISAKHAPATNAM, ANDHRA PRADESH 530 001 2 P.RAJA RAO, [ PETITIONER IN WMP No.11189 AND 11190 of 2017] Vs 1 THE UNION OF INDIA [ RESPONDENTS IN BOTH THE PETITIONS] REP. BY SECRETARY TO GOVERNMENT, MINISTRY OF CORPORATE AFFAIRS, A WING, SHASTRI BHAWAN, RAJENDRA PRASAD ROAD, NEW DELHI 110 001 2 GVR INFRA PROJECTS LTD., VBC SOLIARIE 10TH FLOOR, NO.47 & 49, BAZHULLAH ROAD, T.

NAGAR, CHENNAI-17 Petition praying that in the circumstances stated therein and in the affidavit filed therewith the High Court will be pleased to stay the operation of sections 5, 8, 9, 10, 13, 15 of the Insolvency and Bankruptcy Code 2016 in so far as the petitioner is concerned (IN WMP.11188 OF 2017) pending disposal of this writ petition NO.10242 OF 2017 (ii)to grant an interim injunction restraining the 2nd respondent its men, agents or any other person acting on its behalf from initiating any action or proceedings under the Insolvency and Bankruptcy code 2016 pursuant to Notice dated 24.2.2017 issued by the 2nd respondent against the petitioner (IN WMP.

pending disposal of this writ petition NO.10243 OF 2017 (iii)to stay the operation of sections 5, 8, 9, 10, 13, 15 of the Insolvency and Bankruptcy Code 2016 in so far as the petitioner is concerned (IN WMP.11190 OF 2017) pending disposal of this writ petition NO.10243 OF 2017 Order : These petitions coming on for orders upon perusing the petitions and the respective affidavit filed in support thereof and upon hearing the arguments of M/S.ANIRUDH KRISHNAN, Advocate for the petitioner in both the petitions and of MR.SU.SRINIVASAN ASG on behalf of the 1st Respondent the court made the following order:- In view of the endorsement made by the learned counsel appearing on behalf of the petitioners, these applications are dismissed as not pressed.

-sd/- 25/04/2017 / TRUE COPY / Sub Assistant Registrar ( Statistics / C.S. ) High Court, Madras - 600 104.

TO 1 THE UNION OF INDIA REP. BY SECRETARY TO GOVERNMENT, MINISTRY OF CORPORATE AFFAIRS, A WING, SHASTRI BHAWAN, RAJENDRA PRASAD ROAD, NEW DELHI 110 001 C.C. to M/S.ANIRUDH KRISHNAN Advocate on payment of necessary charges The Government Advocate, High Court, Madras - 104. Order in WMP No.11188 of 2017 IN WP.10242/2017 AND WMP NOS.11189 AND 11190 OF 2017 IN WP. NO.10243/2017 Date :25/04/2017 From 26.2.2001 the Registry is issuing certified copies of the Interim Orders in this format T.R (02/05/2017)