Innovative Industries Limited filed a writ petition challenging the vires of an unspecified Act. The petitioner sought an ad-interim stay, which was rejected. The main order related to the appointment of the IRP (Insolvency Resolution Professional). The main order has been challenged before the statutory appellate authority. The petitioner also contends that they were not given a fair opportunity to be heard, which is a violation of the principles of natural justice. The court disposed of the petition, allowing the petitioner to raise all contentions before the appellate authority.

Innovative Industries Limited filed a writ petition challenging the vires of an unspecified Act. The petitioner sought an ad-interim stay, which was rejected. The main order related to the appointment of the IRP (Insolvency Resolution Professional). The main order has been challenged before the statutory appellate authority. The petitioner also contends that they were not given a fair opportunity to be heard, which is a violation of the principles of natural justice. The court disposed of the petition, allowing the petitioner to raise all contentions before the appellate authority.