# In the matter of R.L. Bhatia and Ors. Vs. The Chairman, Insolvency and Bankruptcy Board of India and Ors.

> HC judgment dated 2019-12-12. Citation: TCN-2019-HC-00002. The case involves a writ petition (W.P.(C) 9508/2019) filed in the High Court of Delhi at New…

- **Court:** HC
- **Order date:** 12 Dec 2019
- **Citation:** TCN-2019-HC-00002
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-chandigarh-bench/rl-bhatia-and-ors-vs-the-chairman-insolvency-and-bankruptcy-board-of-india-and-o-b15fa6cb

## Summary

### Background

The case involves a writ petition (W.P.(C) 9508/2019) filed in the High Court of Delhi at New Delhi. The petitioner, R.L. Bhatia and others, are seeking interim protection. The respondents are The Chairman, Insolvency and Bankruptcy Board of India and others. The petitioner claims that if interim protection is not granted, they would be struck off from the roll and unable to act as Insolvency Professionals.

## Facts

R.L. Bhatia and others filed a writ petition (W.P.(C) 9508/2019) in the High Court of Delhi seeking interim protection. The petitioners claim that if interim protection is not granted, they will be removed from the roll and unable to work as Insolvency Professionals. The Chairman, Insolvency and Bankruptcy Board of India (IBBI) and others are the respondents. Notice was issued to the respondents on 02.09.2019, but they have not yet filed a reply. The counsel for respondent No.1 stated that the reply would be filed within three days. The court has listed the matter for further hearing on 30.03.2020 and ordered that any action taken by the respondents against the petitioners will be subject to the court's final orders. The relevance of these facts is that they outline

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## Issues and analysis

### Issue 1: Whether the petitioners are entitled to interim protection pending the final disposal of the writ …

**Ratio:** The grant of interim protection is discretionary and depends on the specific facts and

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**Reasoning:** The court has not yet made a determination on the merits of the petitioners' claim for

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**Interpretation:** The issue of interim protection involves balancing the interests of the

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**Application:** In this case, the petitioners claim that they will be removed from the roll and

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## Parties

- **Judges:** G.S.SIS…; ANUP JAIRAM…
- **Appellants:** R. L. B…
- **Respondents:** THE CHAIRMAN,…

## Timeline

- **2019-09-02 — Notice I…**: Notice was issued to…
- **2019-12-12 — Order Da…**: Court notes that the reply has not been filed and gives three days for the reply to be…

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