IN THE HIGH COURT OF ANDHRA PRADESH :: AMARAVA [3. (Special Original Jurisdiction) MONDAY ,THE FIFTH DAY OF MAY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE SUBBA REDDY SATTl'^ WRIT PETITION NO: 587 OF 2024 // -n { '9m 'A\ \ X-- K ■\\ ,o: .-y- Between: Babu Khandelwal, S/o Madho Lai Khandewal Aged about 61 years, R/o House No - 68, North Ex Colony, Near D A V Public School Muhkerjee Nagar, North West Delhi -110009. Model Town, ...PETITIONER(S) AND 1. Union of India, Rep by its Principal Secretary Ministry of Corporate Affairs, New Delhi. 2. Honourable National Company Law Tribunal, Rep by its Registrar, Amaravathi. 3. IDBI Bank, Represented by its Authorized Officer 2nd Floor, NPA Management Group 5-9-89/1 and 2, Chapel Road, Hyderabad - 500001. ...RESPONDENTS praying that Petition under Article 226 of the Constitution of India in the circumstances stated in the affidavit filed therewith, the High Court may be pleased to issue a writ or direction preferably writ of Prohibition declaring the 2nd Respondent Tribunal has Petition filed under Section 95 of IBC, 2016 vide CP no jurisdiction to entertain (IB) 117 of 2022, by the 3rd Respondent against the Petitioner inn light of Scheme of IBC, 2016 and consequentially direct the cessation of the proceedings in on the file of Hon'ble National Company Law C.P.(IB) No 117 of 2022 Tribunal and to pass lA NO: 1 OF 2024 Petition under Section 151 CPC praying that in the circumstances stated in the affidavit filed in support of the petition, the High Court may be pleased to stay all further proceedings in C.P.(IB) No 117 of 2022 on the file of Hon'ble National Company Law Tribunal. Counsel for the Petitioner: SRI. T V P SAI VIHARI Counsel for the Respondents: Sri Y V ANIL KUMAR (Central Government Counsel) The Court made the following order: APHC010007532024 IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI (Special Original Jurisdiction) [3331] MONDAY ,THE FIFTH DAY OF MAY TWO THOUSAND AND TWENTY FIVE PRESENT THE HONOURABLE SRI JUSTICE SUBBA REDDY SATTI WRIT PETITION NO: 587/2024 Between: Babu Khandelwal ...PETITIONER AND Union Of India and Others ...RESPONDENT(S) Counsel for the Petitioner: 1.TVP SAI VIHARI Counsel for the Respondent(S): 1.S SATYANARAYANA MOORTHY 2. DEPUTY SOLICITOR GENERAL OF INDIA 3. DEPUTY SOLICITOR GENERAL OF INDIA 3. Y V ANIL KUMAR (Central Government Counsel) The Court made the following: :: ORDER :: In pursuance of the Court Slip dated 02.05.2025, learned counsel for the petitioner seeks permission of this Court to withdraw the present writ petition. Permission is accorded. r-^ Accordingly, this Writ Petition is dismissed as withdrawn. No order as to costs. Miscellaneous petitions, if any pending, in this case, shall stand closed. Sd/- M. SRINIVAS ASSISTANT REGISTRAR SECTI //TRUE COPY// OFFICER To, ? ^ VIHARI Advocate 2. One CC to SRI. YV ANIL KUMAR Counsel) Advocate [OPUC] 3. Three CD Copies. [OPUC] (Central Government psk ’□J' HIGH COURT DATED:05/05/2025 ORDER WP.No.587 of 2024 DISMISSING THE WRIT PETITION AS WITHDRAWN