The case involves an application/petition filed by Vikas Satija against Puri Construction Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi, under Section 7 of the Insolvency & Bankruptcy Code, 2016. The learned counsel for the corporate debtor placed on record a copy of the order dated 19.02.2019 passed by the Supreme Court in Writ Petition(s) (Civil) No(s). 196/2019 titled as M/s Puri Construction Pvt. Ltd. & Anr. v. Union of India & Ors. The counsel argued that the status quo should be maintained in the proceedings before the NCLT.
Vikas Satija filed an application/petition against Puri Construction Pvt. Ltd. before the NCLT under Section 7 of the Insolvency & Bankruptcy Code, 2016. The corporate debtor's counsel presented a copy of the Supreme Court's order dated 19.02.2019 in Writ Petition(s) (Civil) No(s). 196/2019, titled M/s Puri Construction Pvt. Ltd. & Anr. v. Union of India & Ors. The counsel argued for the maintenance of status quo in the NCLT proceedings. The NCLT then adjourned the matter sine die, allowing for the case to be brought up again when necessary. The Supreme Court order is a key fact because it directly influences the NCLT's decision to adjourn the proceedings.
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The Supreme Court passed an order in Writ…
The NCLT adjourned the matter sine die with…
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The case involves an application/petition filed by Vikas Satija against Puri Construction Pvt. Ltd. before the National Company Law Tribunal (NCLT), New Delhi, under Section 7 of the Insolvency & Bankruptcy Code, 2016. The learned counsel for the corporate debtor placed on record a copy of the order dated 19.02.2019 passed by the Supreme Court in Writ Petition(s) (Civil) No(s). 196/2019 titled as M/s Puri Construction Pvt. Ltd. & Anr. v. Union of India & Ors. The counsel argued that the status quo should be maintained in the proceedings before the NCLT.
Vikas Satija filed an application/petition against Puri Construction Pvt. Ltd. before the NCLT under Section 7 of the Insolvency & Bankruptcy Code, 2016. The corporate debtor's counsel presented a copy of the Supreme Court's order dated 19.02.2019 in Writ Petition(s) (Civil) No(s). 196/2019, titled M/s Puri Construction Pvt. Ltd. & Anr. v. Union of India & Ors. The counsel argued for the maintenance of status quo in the NCLT proceedings. The NCLT then adjourned the matter sine die, allowing for the case to be brought up again when necessary. The Supreme Court order is a key fact because it directly influences the NCLT's decision to adjourn the proceedings.
The Supreme Court passed an order in Writ…
The NCLT adjourned the matter sine die with…
Sign in to view related legal provisions.