HC Stays Insolvency Proceedings initiated by SBI against Anil Ambani

Anil Dhirajlal Ambani Vs State Bank of India (Delhi High Court) Issue notice. Mr. Nirav Shah accepts notice on behalf of respondent No.1; Mr. Akshay Makhija accepts notice on behalf of respondents No.2 & 3; Mr. Vikas Mehta accepts notice on behalf of respondent No.4; and Ms.Kavita Jha accepts notice on behalf of respondent No.5. Counter-affidavits be filed within three weeks. Rejoinder, if any, be filed before the next date. List on 06.10.2020 along with W.P.(C) No. 4849/2020. In the meantime, the proceedings would continue in relation to the Corporate Debtor and while dealing with those p...