Vardaam Buildtech Pvt Ltd & Anr. filed a Writ Petition (Civil) No. 694/2019 against Union of India & Ors. seeking admission and an ex-parte stay (IA No. 83153/2019). The petition also included an application for exemption from filing O.T. (IA No. 86744/2019). The Supreme Court heard the petition on 04-06-2019 and issued notice. The court also ordered a stay of further proceedings before the National Company Law Tribunal, Principal Bench, New Delhi. The stay order is significant as it temporarily halts the proceedings at the NCLT, potentially impacting the rights and obligations of the parties involved in the NCLT proceedings.

Vardaam Buildtech Pvt Ltd & Anr. filed a Writ Petition (Civil) No. 694/2019 against Union of India & Ors. seeking admission and an ex-parte stay (IA No. 83153/2019). The petition also included an application for exemption from filing O.T. (IA No. 86744/2019). The Supreme Court heard the petition on 04-06-2019 and issued notice. The court also ordered a stay of further proceedings before the National Company Law Tribunal, Principal Bench, New Delhi. The stay order is significant as it temporarily halts the proceedings at the NCLT, potentially impacting the rights and obligations of the parties involved in the NCLT proceedings.