Rose Valley Real Estates & Constructions Ltd & ANR. v. State Of West Bengal & ORS.

11.11.2022 KC(4&5) WPA 27005 of 2016 Kalipada Pal -versusUnion of India and Ors.

With CAN 1 of 2019 (Old CAN No. 4506 of 2019) With CAN 4 of 2021 With CAN 5 of 2022 With CAN 6 of 2022 With Original Side Matters WP 275 of 2015 GA 896 of 2017 GA 315 of 2016 GA 2291 of 2015 GA 3765 of 2015 GA 4015 of 2015 With APOT 287 of 2015 GA 2255 of 2015 GA 2256 of 2015 GA 1552 of 2018 With GA 5 of 2022 With WPA 25845 of 2016 Rose Valley Fields Employees, Union (WB Circle) and Anr.

-versusUnion of India and Ors.

With CAN 1 of 2018 (Old CAN No. 4643 of 2018) Mr. Subhasis Chakraborty, Mr. Arindam Das, Ms. Sushmita Mumari Singh, Mr. Amit Chowdhury.....................For the petitioner. Mr. Tulsidas Roy, Mr. Tarak Karan........................For the State. Mr. Arup Nath Bhattacharyya, Ms. Sayani Das, Ms. Sreetama Biswas....................For Rose Valley.

Mr. Prasanta Kumar Dutt, Mr. Susanta Kumar Dutt, Mr. Syamantak Banerjee.............For the SEBI. Mr. Bibekananda Sinha Ray.........For the C.B.I. Mr. Partha Ghosh.........................For the E.D. Mr. D.K. Kundu, Mr. Arjun Basu.............................For the R.B.I. Mr. Anirban Ka, Mr. Sourodeep Sen..................For the Asset Disposal Committee.

Mr. Amit Chakrabarti, Mr. Sunil Singhania.....................For respondent nos. 11 and 12.

Re: CAN 6 of 2022 in connection with WPA 27005 of 2022.

Let copies of this application (CAN 6 of 2022) be served on all parties, if not already served. Let affidavits be exchanged according to the following direction.

Affidavit in opposition by 21st November, 2022. Affidavit in reply by 28th November, 2022.

List this application along with the main writ on 29th November, 2022.

Re: GA 5 of 2022 in connection with WP 275 of 2015.

Considering the extent of jurisdiction conferred on this court by the orders of the Supreme Court in the ponzi matters concerning the company and also considering orders passed in similar matters, we allow this application (GA 5 of 2022) by restraining the parties from taking any steps in proceedings pending

before the National Company Law Tribunal, Consumer Forums and any court except the Supreme Court in relation to realisation of any debt against the applicant company or any company constituting the Rose Valley Group of Companies and also restrain them from taking any step or further steps in relation to the following proceedings:

1. The ROC, W.B. -vs- Rose Valley Real Estates Constructions : CP No. 1378/KB/2019,

2. Union of India through SFIO MCA -vs- Rose Valley Real Estates and Construction Ltd. and Ors. : CP No. 873/KB/2019 and CA No.

747/KB/2019,

3. Vidyasagar Misra -vs- Rose Valley Hotels and Entertainments Limited : C.P.

(IB)/698(KB)2020,

4. The ROC -vs- Rose Valley Hotels and Entertainments Limited : C.P. No.

226/KB/2022.

The other connected applications are adjourned till 17th November, 2022.

(I.P. MUKERJI, J.) (BISWAROOP CHOWDHURY, J.)