IN THE HIGH COURT OF MADHYA PRADESH AT INDORE COMP No. 8 of 1981 (VIRENDRA SINGH Vs M.S NANDLAL BHANDARI)

Dated : 11-05-2022 Shri Vivek Patwa, counsel for the petitioners.

Shri D. S. Panwar, counsel for the respondent - State Bank of India.

Shri H. Y. Mehta, counsel for official liquidator.

Shri Sitaram S. Gupta, Official Liquidator is present in person.

O R D E R

1] Heard on I.A. No.5948 of 2021, which is an application filed under Rule 9 of the Companies Court Rules, 1959 by the petitioners seeking the following reliefs:-

“a) Declare the judgment and decree obtained by the bank against the applicant as null and void being vitiated by fraud and b) Stay the operation of the proceedings before the Recovery Officer of DRT in Case No.TAEX.74/2002 till the adjudication of the claim and decision of the applications filed by the petitioner as well as Bank in this behalf before this Hon'ble Court.

c) The Official Liquidator be directed to institute appropriate criminal proceedings against the erring officials of the bank for abusing the process of law.

d) That the DRT be directed to withdraw/recall the show cause notice dated 29.06.2021 proposing to attach the property of the HUF, and e) This Hon'