PRAGATI KANWAR vs UMANG REALTECH PRIVATE LIMITED

Case NumberRERA-GRG-2470-2018

Date of Filing--

Case TypeRERA-GRG

Last Hearing23 Apr 2024

Court⚖️ Haryana Real Estate Regulatory Authority (RERA) ↗

StateHaryana

CityGurgaon

Year of Filing2018

Petitioner

PRAGATI KANWAR

Respondent

UMANG REALTECH PRIVATE LIMITED

The case PRAGATI KANWAR vs UMANG REALTECH PRIVATE LIMITED concerns GRG matters under RERA-GRG.

The case is filed in the Haryana Real Estate Regulatory Authority (RERA) (Case No. RERA-GRG-2470-2018).

The current case status is pending and the matter is at the DISMISSED stage, last heard on 23 Apr 2024.

23APR 2024

Hearing

Judge: ARUN KUMAR VIJAY KUMAR GOYAL ASHOK SANGWAN

An application dated 12.03.2024 has been filed by the complainant andrespondent for withdrawal of the complaint on the ground that they havearrived at an amicable settlement which is duly signed by both them.In view of the above, the present complaint is dismissed as withdrawn. Filebe consigned to the registry.

Stage: DISMISSED

13FEB 2020

Hearing

Judge: ARUN KUMAR VIJAY KUMAR GOYAL ASHOK SANGWAN SANJEEV KUMAR ARORA

IT HAS BEEN BROUGHT TO THE NOTICE OF THE AUTHORITY THAT NATIONAL COMPANY LAW TRIBUNAL, PRINCIPAL BENCH, NEW DELHI VIDE ORDER DATED 20.08.2019, PASSED IN CASE BEARING C.P.NO.IB-1564(PB)2018- TITLED RACHNA SINGH & ANOTHER VERSUS UMANG REALTECH PVT. LTD. UNDER SECTION 7 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 HAS ADMITTED THE APPLICATION UNDER SECTION 7(5)(A) OF THE IBC. ACCORDINGLY, THE CIRP IS INITIATED AND MORATORIUM IS DECLARED IN TERMS OF SECTION 14 OF THE CODE. AS A NECESSARY CONSEQUENCE OF THE MORATORIUM IN TERMS ON 14 (1) (A) (B), (C) AND (D), THE FOLLOWING PROHIBITIONS ARE IMPOSED WHICH MUST BE FOLLOWED BY ALL AND SUNDRY: (A) THE INSTITUTION OF SUITS OR CONTINUATION OF PENDING SUITS OR PROCEEDINGS AGAINST THE CORPORATE DEBTOR INCLUDING EXECUTION OF ANY JUDGMENT, DECREE OR ORDER IN ANY COURT OF LAW, TRIBUNAL, ARBITRATION PANEL OR OTHER AUTHORITY; SHRI MANISH KUMAR GUPTA HAS BEEN APPOINTED AS AN INTERIM RESOLUTION PROFESSIONAL. IN VIEW OF THE DIRECTIONS OF THE NATIONAL COMPANY LAW TRIBUNAL, NEW DELHI, THE MATTER IS ADJOURNED SINE DIE. FILE BE CONSIGNED TO THE REGISTRY.

Stage: SINE DIE

13DEC 2019

Hearing

Judge: K K KHANDELWAL SAMIR KUMAR SUBHASH CHANDER KUSH

It has been brought on record that National Company Law Tribunal vide its orders dated 20.08.2019 has imposed moratorium in terms of Section 14 of the Code. A necessary consequence of the moratorium flows from the provisions of Section 14 (1) (a) (b) (c) and (d) and thus the following prohibitions are imposed which must be followed by all and sundry:(a) “The institution of suits or continuation of pending suits or proceedings against the corporate debtor including execution of any judgment, decree or order in any court of law, tribunal, arbitration panel or other authority;(b) Transferring, encumbering, alienating or disposing of by the corporate debtor any of its asserts or any legal right or beneficial interest therein;(c) Any action to foreclose, recover, or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002;(d) The recovery of any property by an owner or lessor where such property is occupied by or in the possession of the corporate debtor”. Since there is a moratorium, as such, the authority cannot proceed further in the matter till the lifting of moratorium. Let the matter be put up on 13.2.2020.

Stage: PENDING

23APR 2024

order

Order No: N/A

View Order ↗

23APR 2024

judgement

Order No: N/A

View Order ↗

13FEB 2020

order

Order No: N/A