ORDER

Per: - Coram.

1. The present Interlocutory Application is filed by Surendra Kumar Bansal under Section 60(5) of the Insolvency and Bankruptcy Code, 2016 (‘the Code') and the Provisions of the Rule 11 of the NCLT Rules, 2016 against Maharashtra State Electricity Distribution Company Limited and others.

Facts of the Case:

2. The Applicant is the successful bidder of the E-Auction process conducted for the sale of the Corporate Debtor as a going concern on 20 May 2021. Letter of Intent dated May 21, 2021, was issued in favour of the Applicant by the Liquidator. The present Application is filed before this Hon'ble Tribunal for seeking reliefs in form of certain permissions and approvals from this Hon'ble Tribunal.

3. The Corporate Insolvency Resolution Process ("CIRP) was initiated against the Corporate Debtor on December 28, 2021, on an application of the Punjab National Bank under Section 7 of the Insolvency Bankruptcy Code, 2016 ("Code"). The Liquidation Process was initiated against the Corporate Debtor vide order dated February 20th, 2021, and Mr. Amit C Poddar was appointed as the Liquidator vide order dated 02^nd March 2020, by this Hon'ble Tribunal.

4. Pursuant to the above, the