SPAZE TOWERS PVT LTD vs NARESH CHAWLA

The counsel for the complainant has placed on record a copy of order dated 21.10.2024  passed by Hon’ble NCLT, Court – IV, New Delhi in case no. CP No. (IB)/284/2021 in the matter of  Vivek Khanna and others versus Spaze Towers Pvt. Ltd. vide which the petitions have been admitted by the Hon’ble NCLT and moratorium is initiated in terms of Section 14 of the IBC, 2016 and Shri Gaurav Katiyal has been appointed as IRP of the corporate debtor. In view of the above, the matter is adjourned sine-die till the outcome of the above proceedings before NCLT. The complainant may file an application for revival as and when the directions for lifting moratorium are issued by the Hon’ble NCLT. File be consigned to the registry.

Due to administrative exigency,  the matter is adjourned to 25.10.2024 for the purpose already fixed.

Case has been called out but no one has appeared on behalf of the respondent/allottees today.  The counsel for the complainant/promoter states that they are ready to give the possession of the unit to the complainants. However,  the respondent/allottees are  not coming forward to take possession.  Even today  no one has appeared on behalf of the respondent/allottee. One last and final opportunity is granted to the respondent/allottees to appear and to pursue the matter. Matter to come up on 09.08.2024 for further proceedings.