The case involves an application (I.A. No. 3567 of 2024) filed by the Interim Resolution Professional (IRP) seeking clarification regarding an order passed by the National Company Law Appellate Tribunal (NCLAT) on 03.05.2024. The NCLAT had previously directed the IRP not to take further steps in pursuance of the impugned order and noted the direction issued under Section 8 of the RERA Act in an interim order dated 03.05.2024. It was submitted that the corporate debtor has several projects, and not all are covered by RERA directions.
Vinod Kumar Jha, Directors (Powers Suspended) of Ajnara Realtech Ltd., is the appellant. Sachin Dhiman & Anr. are the respondents. The IRP filed an application seeking clarification regarding a previous order. The Tribunal had directed the IRP not to take further steps in pursuance of the impugned order. The interim order dated 03.05.2024 mentioned directions issued under Section 8 of the RERA Act. It was submitted that the corporate debtor has several projects, and not all are covered by RERA directions. The IRP stated that there is only one project, but paragraph 4 of the IRP's application mentions six projects. The Tribunal noted that there are six projects separately registered with separate registration numbers. The order dated 30.06.2023 passed by the RERA
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The case involves an application (I.A. No. 3567 of 2024) filed by the Interim Resolution Professional (IRP) seeking clarification regarding an order passed by the National Company Law Appellate Tribunal (NCLAT) on 03.05.2024. The NCLAT had previously directed the IRP not to take further steps in pursuance of the impugned order and noted the direction issued under Section 8 of the RERA Act in an interim order dated 03.05.2024. It was submitted that the corporate debtor has several projects, and not all are covered by RERA directions.
Vinod Kumar Jha, Directors (Powers Suspended) of Ajnara Realtech Ltd., is the appellant. Sachin Dhiman & Anr. are the respondents. The IRP filed an application seeking clarification regarding a previous order. The Tribunal had directed the IRP not to take further steps in pursuance of the impugned order. The interim order dated 03.05.2024 mentioned directions issued under Section 8 of the RERA Act. It was submitted that the corporate debtor has several projects, and not all are covered by RERA directions. The IRP stated that there is only one project, but paragraph 4 of the IRP's application mentions six projects. The Tribunal noted that there are six projects separately registered with separate registration numbers. The order dated 30.06.2023 passed by the RERA
…Tribunal passed an…
Tribunal directed the IRP not to take further…
Sign in to view related legal provisions.