The Interim Resolution Professional (IRP) of Go First on Tuesday told the Delhi High Court that parallel proceedings could not go in the case and that the court could not interfere in the resolution process.
Senior advocate Harish Salve, appearing for the IRP, told the court that a writ court (the high court in this case) should not interfere in the resolution process after the insolvency application had been accepted by the National Company Law Tribunal (NCLT).
He said there were many Supreme Court judgments that had said this.
“Courts should not interfere in the Insolvency and Bankruptcy Code (IBC) process because the essence of this process is that it is time-bound.
