An application (IA/3304/ND/2023) was filed by the Interim Resolution Professional (IRP) seeking directions against the Insolvency and Bankruptcy Board of India (IBBI). The IRP requested the court to prevent the IBBI from initiating any proceedings against the applicant and to stay any investigation or proceeding related to the subject matter of the case. The Learned Counsel for the IBBI was present and acknowledged the notice. The Adjudicating Authority had issued certain directions on 2023-05-26 to be carried out by the IRP. The applicant argued that the IBBI's notices dated 2023-05-29 and 2023-06-13 are directly related to the directions issued by the Adjudicating Authority. The Learned Counsel for the IBBI requested two weeks to file a reply. The court granted the

An application (IA/3304/ND/2023) was filed by the Interim Resolution Professional (IRP) seeking directions against the Insolvency and Bankruptcy Board of India (IBBI). The IRP requested the court to prevent the IBBI from initiating any proceedings against the applicant and to stay any investigation or proceeding related to the subject matter of the case. The Learned Counsel for the IBBI was present and acknowledged the notice. The Adjudicating Authority had issued certain directions on 2023-05-26 to be carried out by the IRP. The applicant argued that the IBBI's notices dated 2023-05-29 and 2023-06-13 are directly related to the directions issued by the Adjudicating Authority. The Learned Counsel for the IBBI requested two weeks to file a reply. The court granted the