Pioneer Urban Land and Infrastructure Limited & Anr. filed a Writ Petition (Civil) No. 43/2019 against Union of India & Ors. W.P.(C) No. 861/2019 (X) was mentioned, concerning admission and an ex-parte stay application (IA No.98480/2019). The Supreme Court, after hearing the counsel, issued notice in Writ Petition (Civil) No. 861 of 2019 and ordered a stay of further proceedings before the National Company Law Tribunal (NCLT). This stay is a crucial fact as it temporarily halts the NCLT proceedings, potentially impacting the rights and obligations of the parties involved in those proceedings.

Pioneer Urban Land and Infrastructure Limited & Anr. filed a Writ Petition (Civil) No. 43/2019 against Union of India & Ors. W.P.(C) No. 861/2019 (X) was mentioned, concerning admission and an ex-parte stay application (IA No.98480/2019). The Supreme Court, after hearing the counsel, issued notice in Writ Petition (Civil) No. 861 of 2019 and ordered a stay of further proceedings before the National Company Law Tribunal (NCLT). This stay is a crucial fact as it temporarily halts the NCLT proceedings, potentially impacting the rights and obligations of the parties involved in those proceedings.