IDBI Trusteeship Services Limited filed an appeal. The delay in refiling the appeal was condoned. The appellant's counsel, Mr. Neeraj Kishan Kaul, argued that the respondents, including Malavika Hegde, might delay the appeal because they had been granted interim relief contrary to law. The respondent's counsel, Mr. Mukul Rohatgi, stated that the matter was slated for final hearing before the Appellate Tribunal and the respondents would proceed with arguments without seeking adjournment. The court directed the NCLAT to dispose of the appeal by 21.02.2025, otherwise the impugned order would be vacated automatically.

IDBI Trusteeship Services Limited filed an appeal. The delay in refiling the appeal was condoned. The appellant's counsel, Mr. Neeraj Kishan Kaul, argued that the respondents, including Malavika Hegde, might delay the appeal because they had been granted interim relief contrary to law. The respondent's counsel, Mr. Mukul Rohatgi, stated that the matter was slated for final hearing before the Appellate Tribunal and the respondents would proceed with arguments without seeking adjournment. The court directed the NCLAT to dispose of the appeal by 21.02.2025, otherwise the impugned order would be vacated automatically.