Anil Dhirajlal Ambani Vs. State Bank of India


Quick Summary
This judgement from the Delhi High Court concerns a case filed by Anil Dhirajlal Ambani against the State Bank of India and others. The court issued a notice and ordered that counter-affidavits be filed within three weeks. While proceedings related to the Corporate Debtor will continue, the court has stayed proceedings against the petitioner under Part-III of the IBC and restrained him from transferring or encumbering his assets until the next hearing.

Court :
Delhi High Court

Brief :
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.

Citation :
Anil Dhirajlal Ambani Vs. State Bank of India & Ors. W.P.(C) 5712-2020

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