Interim stay on demand of any dues against Atlas Cycles (Haryana) Ltd., institution and continuation of suits or other legal proceedings by any creditor or any statutory or other authority – Atlas Cycles (Haryana) Ltd. Vs. Vikram Kapur and Ors. – NCLT Principal Bench
There shall be an order of interim stay on demand of all and any dues against Atlas Cycles (Haryana) Ltd., institution and continuation of suits or other legal proceedings by any creditor of the Applicant or any statutory or other authority including any public utility provider including proceedings under IBC or the MSME Act or any other Act or Regulation against the Applicant Company in any Court of Law, Tribunal, Authority, Arbitration Panel or Arbitration Authority for a period of 6 months from the date of order; No coercive action shall be taken by any statutory authority, public utility provider, stock exchange or revenue authority till 6 months from the date of this order.