M/s.Sujana Towers Limited v. The Assistant Commissioner(Ct)
Case brief
What is this about?
Common order closing two Writ Petitions filed under Article 226. The petitions were closed due to the appointment of a resolution professional and the active consideration of a takeover proposal, with liberty to restore if the company is revived by NCLT.
What did the court decide?
The writ petitions were closed for the present with liberty to restore subject to the outcome of NCLT proceedings.