The division bench of Justice Gurmeet Singh Sandhawalia and Justice Harpreet Kaur Jeewan allowed the batch of petitions that had challenged the State law.
The interim order has come as a relief for companies in the state which feel that the Act would have a bearing on their future business operations and investment.
The Punjab and Haryana High Court today put a hold on Haryana's 75 per cent quota in private jobs for locals. The court has also sought a reply from the state government.