NCLT orders NIIL Infrastructure's SRA to deposit Rs 2.17 crore project funds into a Bank of Baroda escrow account.
The tribunal imposes a temporary ban on the SRA selling or alienating any project units until the next hearing.
The Monitoring Committee alleges the SRA has taken no steps toward project completion despite available funds.
The case involves multiple interconnected applications and will be heard next on July 22, 2026.