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National Company Law Appellate Tribunal

Dhruv Harjai vs Ppg Asian Paints Private Limited & Anr on 6 February, 2023

Author: Ashok Bhushan

Bench: Ashok Bhushan

         NATIONAL COMPANY LAW APPELLATE TRIBUNAL
                PRINCIPAL BENCH, NEW DELHI
                       I.A. No. 476 of 2023 in
             Company Appeal (AT) (Insolvency) No.60 of 2023

IN THE MATTER OF:

Dhruv Harjai                                                    ...Appellant

Versus

PPG Asian Paints Pvt. Ltd. & Anr.                            ...Respondents

Present:
   For Appellant:        Mr. Adhitya Srinivasan and Mr. Rishabh Kanojiya,
                         Advocates.
     For Respondents: Ms. Aakansha, Mr. Vidih Vaish, Mr. Lalit Mohan,
                      Mr. Abhay Gupta and Mr. Saksham Anand,
                      Advocates.


                                   ORDER

06.02.2023: I.A. No. 476 of 2023: This is an application praying for clarification of our interim order dated 18.01.2023. By the interim order we have directed that "In the meantime, in pursuance of the impugned order dated 08.12.2022 no further steps shall be taken".

2. We make it clear that we have not stayed the order dated 08.12.2022 and only stayed the further steps. We also make it clear that we have not stayed the moratorium which ensued by order dated 08.12.2022.

[Justice Ashok Bhushan] Chairperson [Barun Mitra] Member (Technical) Archana/nn