A sale certificate was issued on 2019-06-26 under the SARFAESI Act for immovable property including 142 apartments in Sky and Manor, excluding Worli Estate. RERA issued orders on 2023-03-20 and 2023-07-19, mandating project completion and handover to flat owners. The NCLT process commenced on 2019-11-06 under the Insolvency and Bankruptcy Code, 2016. The High Court's order was challenged, leading to the Supreme Court appeal. The key facts are the issuance of the sale certificate, the RERA orders, the NCLT proceedings, and the potential conflict between these actions. The relevance of these facts lies in determining the jurisdiction and authority of different regulatory bodies and the protection of the rights of flat buyers.

A sale certificate was issued on 2019-06-26 under the SARFAESI Act for immovable property including 142 apartments in Sky and Manor, excluding Worli Estate. RERA issued orders on 2023-03-20 and 2023-07-19, mandating project completion and handover to flat owners. The NCLT process commenced on 2019-11-06 under the Insolvency and Bankruptcy Code, 2016. The High Court's order was challenged, leading to the Supreme Court appeal. The key facts are the issuance of the sale certificate, the RERA orders, the NCLT proceedings, and the potential conflict between these actions. The relevance of these facts lies in determining the jurisdiction and authority of different regulatory bodies and the protection of the rights of flat buyers.