Mr. Dheraj Raikhy & Mrs. Bhavna Pant filed an application against M/s. Raheja Developers Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The NCLAT granted a stay order in Company Appeal (AT) (Insolvency) No. 864 of 2019, preventing the Interim Resolution Professional from making any publication for claims or constituting a Committee of Creditors. The NCLT acknowledged the stay order and directed the registry not to list the matter until the appellate tribunal pronounces its judgment. The appellant, Mr. Navin Raheja, was given the opportunity to negotiate with the respondents.

Mr. Dheraj Raikhy & Mrs. Bhavna Pant filed an application against M/s. Raheja Developers Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The NCLAT granted a stay order in Company Appeal (AT) (Insolvency) No. 864 of 2019, preventing the Interim Resolution Professional from making any publication for claims or constituting a Committee of Creditors. The NCLT acknowledged the stay order and directed the registry not to list the matter until the appellate tribunal pronounces its judgment. The appellant, Mr. Navin Raheja, was given the opportunity to negotiate with the respondents.