NCLAT Denies Interim Relief to IP Rohit Mehra

NCLAT denies interim stay on IBBI order cancelling insolvency professional Rohit Ramesh Mehra's registration.
IBBI cancelled registration for alleged misconduct in Reliance Big and RICEPL CIRPs, citing failure to detect syndicated fraud.
Appellant argued IBBI violated procedural rules under Sections 218-219 IBC by not conducting prior investigation before SCN.
Tribunal found no prima facie case for relief, balancing convenience against allowing a sanctioned IP to continue practice.