The Civil Appeal No. 4799/2021 was heard by the Supreme Court on 03-01-2022. The appellant is SAMEER SINGH, and the respondent is BANK OF INDIA & ORS. The case involves an intervention/impleadment application (IA No. 164772/2021 and IA No. 52444/2020) and a stay application (IA No. 164765/2021). The Supreme Court ordered a stay on further proceedings in CP (IB)2803(MB)2019 pending before the NCLT, Mumbai, including IA/1505/MB/2021 filed by the proposed respondent no.4 for approval of the Resolution Plan. The relevance of these facts lies in the Supreme Court's decision to halt the insolvency resolution process at the NCLT level.

The Civil Appeal No. 4799/2021 was heard by the Supreme Court on 03-01-2022. The appellant is SAMEER SINGH, and the respondent is BANK OF INDIA & ORS. The case involves an intervention/impleadment application (IA No. 164772/2021 and IA No. 52444/2020) and a stay application (IA No. 164765/2021). The Supreme Court ordered a stay on further proceedings in CP (IB)2803(MB)2019 pending before the NCLT, Mumbai, including IA/1505/MB/2021 filed by the proposed respondent no.4 for approval of the Resolution Plan. The relevance of these facts lies in the Supreme Court's decision to halt the insolvency resolution process at the NCLT level.