NATIONAL COMPANY LAW TRIBUNAL
DR. VENKATA RAMAKRISHNA BADARINATH NANDULA, SH. CHARAN SINGH, JJ
Dhandu Chakradhar – Appellant
Versus
Kiran Reddy Pendri – Respondent
O R D E R
CP No. 45/241/HDB/ 2023
Common order pronounced. In the result CP No. 45/241/HDB/ 2023 is allowed to the extent indicated in the order, no costs.
2. Soon after the pronouncement of orders in the open court learned senior counsel Mr. S. Niranjan Reddy and Mr. Arvind Pandian counsel representing Respondents Nos. 2 & 3 and Respondents No.4 to 6 have orally appealed to this Tribunal, to keep today’s orders in CP No. 45/241/HDB/ 2023. Order dated 07.03.2025 abeyance for a period of four weeks contending, that in so far as these respondents are concerned today’s orders would have drastic consequences on the functioning and administration of EASPL, besides the respondents have a right of Appeal against the order. Learned Senior Counsel also invited our attention to the interim suspension order dated 28.11.2023 passed earlier in IA No.263 of 2023 in CP (B) No.45/241/HDB/ 2023 under the circumstances. Thus, submitting learned senior counsel reiterated their prayer for keeping today’s order in abeyance for a period of four weeks.
3. This prayer is opposed by the Learned Senior Counsel Mr. Vivek Reddy for the Company Petitioner, contending that merely from the passages of the judgment r
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