At this stage, Senior Advocate Mukul Rohatgi pointed out,
“We are facing injunction in terms of our scheme. We have a debt of ₹27,000 crore. One company wants to take it up. Now there is a proposal of talks, but what about the injunction?”
CJI Ramana ultimately said,
“We will simply adjourn the matter for 10 days and we don’t say anything on record. Meanwhile, work out by gentleman’s understanding. It will be better in interest of business. If you can find out some solution, tell us, or we will hear and pass orders.”
In the meantime, the Delhi High Court and the NCLAT will not pass orders, the Bench said while adjourning the matter to March 15.
Source: Barandbench
