# In the matter of M/s CFM Asset Reconstruction Pvt. Ltd Vs. Unison Hotels Private Ltd and Ors., IA No. 1 of 2021 in WP No. 22667 of 2021

> HC judgment dated 16 Sept 2021. Citation: TCN-2021-HC-00017. The petitioner filed a writ petition under Section 151 of CPC seeking to suspend an order passed…

- **Court:** HC
- **Order date:** 16 Sept 2021
- **Citation:** TCN-2021-HC-00017
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/gauhati-high-court-kohima/ts-party-m-s-c-f-m-asset-reconstruction-private-limited-vs-ts-party-unison-hotel-0783c972

## Summary

### Background

The petitioner filed a writ petition under Section 151 of CPC seeking to suspend an order passed by the National Company Law Tribunal, Special Bench, Court-1, Hyderabad, in IA No.281/2019 in CP (IB) No.219/7/HDB/2017 dated September 1, 2021. The High Court is considering whether to grant an interim suspension of this NCLT order.

## Facts

M/s. CFM Asset Reconstruction Private Limited, the petitioner, filed a writ petition before the High Court for the State of Telangana at Hyderabad. The petition, filed under Section 151 of CPC, sought to suspend an order issued by the National Company Law Tribunal (NCLT), Special Bench, Court-1, Hyderabad. The NCLT order in question was dated September 1, 2021, and pertained to IA No.281/2019 in CP (1B) No.219/7/HDB/2017. The petitioner argued that the High Court should suspend this order pending the disposal of WP No. 22667 of 2021.

## Issues and analysis

### Issue 1: Whether the order passed by the National Company Law Tribunal on September 1, 2021, was proper,…

**Ratio:** The High Court held that the NCLT's action of passing an order on September 1, 2021,…

**Reasoning:** The High Court noted that the NCLT had reserved orders in I.A. No.281 of 2019 on August…

**Interpretation:** The court interpreted the NCLT's procedural conduct as a violation of the…

**Application:** Based on this interpretation, the High Court applied the principle to the…

## Parties

- **Judges:** M.S.Ramachandra…; T.Vinod…
- **Appellants:** M/s. CFM Asset…
- **Respondents:** Unison Hotels…; Viceroy Hotels…; +1 more
- **Other parties:** calcutta-high-cour…; Pankaj Agn…; +1 more
- **Advocates:** Vedula Sr…; Vedula Chit…; +3 more

## Timeline

- **August 6, 2021 — NCLT reserved…**: The National Company Law Tribunal, Special Bench, Court-I, Hyderabad, reserved orders in…
- **September 1, 2021 — NCLT passed impugned…**: The National Company Law Tribunal passed the impugned order in IA No.281/2019 in CP (1B)…

---

This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/gauhati-high-court-kohima/ts-party-m-s-c-f-m-asset-reconstruction-private-limited-vs-ts-party-unison-hotel-0783c972