NCLAT refuses interim stay on CIRP initiation against Daulat Ram Engineering, citing insufficient grounds without hearing respondents.
Appellant argues insolvency petition was time-barred, claiming emails did not fully acknowledge the USD 1,030,300 debt.
Tribunal notes Adjudicating Authority considered Supreme Court's limitation exclusion period and found the application within time.
Case listed for next hearing on 19 August 2026 after issuing formal notice to respondents.