Sagar and Vivaan Construction Pvt. Ltd. filed an appeal before the NCLAT. The appellant stated they are ready to deposit the balance amount, having already deposited more than Rs. 1.5 crore. The appellant is directed to deposit an additional Rs. 2.15 crore, which they claim is the balance amount. Wealth A venue Real Estate Pvt. Ltd. & Ors., the respondent, disputes the accuracy of the claimed balance amount. The court permits the appellant to deposit the Rs. 2.15 crore in two monthly installments without determining the actual amount due. The IRP is present, and the respondent's counsel accepts notice. Further steps in the CIRP are stayed pending the deposit. The case is listed for further hearing on May 20, 2024.

Sagar and Vivaan Construction Pvt. Ltd. filed an appeal before the NCLAT. The appellant stated they are ready to deposit the balance amount, having already deposited more than Rs. 1.5 crore. The appellant is directed to deposit an additional Rs. 2.15 crore, which they claim is the balance amount. Wealth A venue Real Estate Pvt. Ltd. & Ors., the respondent, disputes the accuracy of the claimed balance amount. The court permits the appellant to deposit the Rs. 2.15 crore in two monthly installments without determining the actual amount due. The IRP is present, and the respondent's counsel accepts notice. Further steps in the CIRP are stayed pending the deposit. The case is listed for further hearing on May 20, 2024.