The case involves M/s. Kalista Realtors Pvt. Ltd. V/s. M/s. Parsvnath Developers Ltd. The NCLT is hearing the case under Section 7 of the IBC, 2016. During the proceedings on April 15, 2019, the court acknowledged a stay order issued by the Hon'ble Apex Court on February 11, 2019, which affects further proceedings before the NCLT. The stay order was brought to the court's attention by the Ld. Counsel for the Respondent. The court then adjourned the matter 'Sine-die', allowing for its revival based on the outcome of the Hon'ble Apex Court's decision in the writ petition. The tentative listing date for the writ petition was May 6, 2019. Sachin Jain, Isha Aggarwal, and Ashutosh appeared as advocates for the Petitioner, while Mr. Varun Garg appeared as advocate for the

The case involves M/s. Kalista Realtors Pvt. Ltd. V/s. M/s. Parsvnath Developers Ltd. The NCLT is hearing the case under Section 7 of the IBC, 2016. During the proceedings on April 15, 2019, the court acknowledged a stay order issued by the Hon'ble Apex Court on February 11, 2019, which affects further proceedings before the NCLT. The stay order was brought to the court's attention by the Ld. Counsel for the Respondent. The court then adjourned the matter 'Sine-die', allowing for its revival based on the outcome of the Hon'ble Apex Court's decision in the writ petition. The tentative listing date for the writ petition was May 6, 2019. Sachin Jain, Isha Aggarwal, and Ashutosh appeared as advocates for the Petitioner, while Mr. Varun Garg appeared as advocate for the