MATTERS UNDER ARTICLE 227 No. 1238 of 2026 at Lucknow

HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW MATTERS UNDER ARTICLE 227 No. - 1238 of 2026 M/S Jaypee Infratech Ltd. Thru. Its Authorized Representative Sh. Apurv Pragya .....Petitioner(s) Versus Axis Bank Ltd. Lko. Thru. Its Chairman And 3 Others .....Respondent(s) Counsel for Petitioner(s) : Shubham Tripathi, Aditya Vikram Singh, Inam Uddin Ahmed Counsel for Respondent(s) : Amit Jaiswal Ojus Law Court No. - 5 HON'BLE ALOK MATHUR, J. 1. Heard Sri Gaurav Rig along with Sri Shubham Tripathi, learned counsel for petitioner as well as Sri Amit Jaiswal, learned counel for respondent No. 1. 2. By means of present writ petition, the petitioner has assailed the validity of the order dated 22.07.2019 passed by Debt Recovery Tribunal, Lucknow as well as recovery certificate issued by Debt Recovery Tribunal, Lucknow in pursuance of judgment of the Tribunal dated 22.07.2019. 3. It has been submitted by learned counsel for petitioner that the petitioner is a company duly registered under the Companies Act and undergone restructuring before the National Company Law Tribunal where the proceedings under Insolvency and Bankruptcy Code, 2016 were initiated. It has been submitted that the proceeding