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2022 Supreme(Mad) 2077

T. RAJA, K. KUMARESH BABU
Sunku Vasundhara – Appellant
Versus
State Bank of India, Represented by Assistant General Manager, Chennai – Respondent


Advocates appeared:
For the Petitioners:Vineet Subramanian for M/s. Vivrti Law, Advocates. For the Respondents: R1, K. Chandrasekaran, SBI (Panel).

JUDGMENT

(Prayer: Writ Petitions filed under Article 226 of the Constitution of India, praying for issuance of a Writ of Certiorari calling for the records in the Proceedings in I.B.A. Nos.720, 718 and 715/2020 respectively on the file of the Hon'ble National Company Law Tribunal, Division II, Chennai Bench and quash the impugned order dated 29.04.2022 passed by the Hon'ble National Company Law Tribunal, Division II, Chennai Bench.)

Common Order:

T. Raja, J.

1. These writ petitions have been filed, challenging the impugned order dated 29.04.2022 passed by the National Company Law Tribunal, Division II, Chennai Bench in I.B.A. Nos.720, 718 and 715/2020 respectively, wherein a direction was given to the Resolution Professional to file an Interim Application under Section 106 of the Insolvency and Bankruptcy Code, 2016 on or before 29.06.2022.

2. Since the petitioners are having effective and statutory remedy before the Appellate Authority, they cannot come to this Court invoking Article 226 of the Constitution of India. If they are aggrieved, they have to work out their remedy by filing an Appeal before the Appellate Authority. W.P.Nos.14398, 14403 and 14406 of 2022

3. Learned counsel for

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