# In the matter of Raheja Developers Ltd. (IB) -484(PB)-2019

> NCLT judgment dated 2019-02-27. Citation: TCN-2019-NCLT-04660. The case involves Amit Kanwar Karta HUF as the petitioner and Raheja Developers Ltd. as the…

- **Court:** NCLT
- **Order date:** 27 Feb 2019
- **Citation:** TCN-2019-NCLT-04660
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/raheja-developers-ltd-ib-484pb-2019-94a1dcd5

## Summary

### Background

The case involves Amit Kanwar Karta HUF as the petitioner and Raheja Developers Ltd. as the respondent. The matter was brought before the National Company Law Tribunal (NCLT), New Delhi, under Section 7. The learned counsel for the respondent placed an order dated 18.02.2019 passed by the Supreme Court in Writ Petition (civil) No. 163 of 2019, along with other petitions, which issued specific directions staying further proceedings before the NCLT, Principal Bench, New Delhi.

## Facts

Amit Kanwar Karta HUF filed a case against Raheja Developers Ltd. before the National Company Law Tribunal (NCLT), New Delhi, under Section 7. The respondent's counsel presented an order from the Supreme Court dated 2019-02-18, issued in Writ Petition (civil) No. 163 of 2019, which included directions to stay further proceedings before the NCLT. The NCLT acknowledged the Supreme Court's order, which directly impacted the ongoing proceedings. As a result, the NCLT adjourned the matter sine die, granting the petitioner's counsel the liberty to mention the case when necessary. The key fact is the Supreme Court's stay order, which directly led to the adjournment of the NCLT proceedings.

## Issues and analysis

### Issue 1: Whether the proceedings before the National Company Law Tribunal should be stayed in light of the …

**Ratio:** The orders of the Supreme Court are binding on all courts and tribunals within India, as

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**Reasoning:** The NCLT acknowledged the order dated 2019-02-18 passed by the Supreme Court in Writ

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**Interpretation:** The Supreme Court's order is interpreted as a direct and binding instruction to

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**Application:** Given the Supreme Court's order to stay proceedings, the NCLT applied this

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## Parties

- **Judges:** DEEPTI M…; SH. S.K MOH…
- **Appellants:** Amit Kanwar Karta…
- **Respondents:** Raheja Developers…

## Timeline

- **2019-02-18 — Supreme Cour…**: The Supreme Court passed an order in Writ Petition (civil) No. 163 of 2019, directing a…
- **2019-02-27 — NCLT Ord…**: The National Company Law Tribunal (NCLT), New Delhi, adjourned the matter sine die,…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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