ORDER :

1. By this Writ Petition, the Petitioner has sought quashing and setting aside the Order dated 4th August, 2025 passed in Interim Application No.1985 of 2025 in C.P. (IB)-935 (MB)/2020 by which

the matter has been ‘Reserved for Order’. There are further prayers including the prayer for staying of implementation of the Resolution Plan approved by Respondent No.1 vide its Order dated 7th May, 2025 and a direction to Respondent No.1 for expeditious disposal of the Application bearing No. IA (I.B.C.)/1985/MB/2025.

2. The learned Counsel appearing for the Petitioner has referred to Rule 150 of the National Company Law Tribunal Rules 2016, (“said Rules”) wherein it is provided that the Tribunal, after hearing the Applicant and Respondent, shall make and pronounce an order either at once or, as soon as thereafter as may be practicable but not later than thirty days from the final hearing. He has submitted that the said Rule is applicable. He has placed reliance upon the judgment of the Division Bench of this Court in Kamal K. Singh Vs. Union of India, Through the Ministry of Corporate Affairs and Ors., (2019 SCC OnLine Bom 5609.) at paragraph 65 in this context.

3.