O R D E R

1. The present Interlocutory Application has been filed by M/s Dreamz GK Investors Welfare Association (Intervener Association/Applicant), a duly registered Association of depositors/investors under the Karnataka Protection of Interest of Depositors in Financial Establishments Act, 2004 (KPID Act) represented by its President Jawahar Singh, under Section 60 (5) of the Insolvency & Bankruptcy Code, 2016 read with Rule 11 of the NCLT Rules, 2016 with following prayers:

INTERIM PRAYERS

a) Stay the operation of the order dated 24.08.2023 passed in C.P. (IB) No.113/BB/2022 by this Hon'ble Bench, placed at Annexure-K, until matter in WA No. 1343/2021 connected to WA No. 207/2022 is decided finally by the Hon'ble High Court of Karnataka FINAL PRAYERS

a) Pass an order impleading the applicant herein as an Intervener in this Company Petition.

b) Pass any other order as deemed fit & proper to this Hon'ble Tribunal in the present circumstances of case

2. The facts narrated in the application, in brief are following:

a) The Corporate Debtor had collected huge amounts from thousands of gullible investors/depositors across more than 60 projects, including the Dreamz Samhita Project, by promis