E.M. Najeeb Ellias Mohammed, the promoter of Air Travel Enterprises India Limited, filed a writ petition (civil) in the High Court of Kerala seeking a stay on further proceedings pursuant to an order (Exhibit P-1) issued by the National Company Law Tribunal (NCLT), Kochi Bench, dated 22.12.2023. The petitioner had also filed a stay petition in Company Appeal (AT) (INS) No.8/2024 before the NCLT, Chennai. The court is now seeking a report from the NCLT, Chennai, regarding the status of that stay petition. Union Bank of India is the first respondent, and Rajmohan R, the Interim Resolution Professional of Air Travel Enterprises India Limited, is the second respondent.

E.M. Najeeb Ellias Mohammed, the promoter of Air Travel Enterprises India Limited, filed a writ petition (civil) in the High Court of Kerala seeking a stay on further proceedings pursuant to an order (Exhibit P-1) issued by the National Company Law Tribunal (NCLT), Kochi Bench, dated 22.12.2023. The petitioner had also filed a stay petition in Company Appeal (AT) (INS) No.8/2024 before the NCLT, Chennai. The court is now seeking a report from the NCLT, Chennai, regarding the status of that stay petition. Union Bank of India is the first respondent, and Rajmohan R, the Interim Resolution Professional of Air Travel Enterprises India Limited, is the second respondent.