Authority: National Company Law Tribunal, New Delhi Principal Bench

Order Date: 10 June 2026

Case Overview

The matter involves a petition filed by Vipul Jain and Rachna Jain against Raheja Developers Limited, which is undergoing Corporate Insolvency Resolution Process (CIRP) under case number (IB)-239(PB)/2023. The hearing was conducted in hybrid mode (physical and video conference). The Resolution Professional (RP), Mr. Manindra K. Tiwari, represented by Advocate Mr. Abhay Kaushik, brought an urgent application (New IA-2649/2026) before the bench comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical).

The principal allegation concerns the unlawful disconnection of electricity supply to the real estate project by the Dakshin Haryana Bijli Vitran Nigam Limited (DHBVN). Although the RP had approached DHBVN and the connection was subsequently restored, the application alleges that the Resident Welfare Association (RWA) is failing to comply with an order to facilitate the restoration. This disconnection has brought all project activities to a complete standstill, severely impacting the ongoing CIRP.

A separate application (New IA-2653/2026) was filed by the RP, which he sought to withdraw with liberty to file a fresh application containing better particulars.

Final Outcome

The Tribunal acknowledged the urgency of the situation. For IA-2649/2026, it issued notice to the respondents (which include the RWA and/or other involved parties), returnable by 11 June 2026. The RP was granted liberty to serve the respondents via email and through 'dasti' (hand-delivered) notice. The matter was listed for hearing the next day, 11 June 2026. Regarding IA-2653/2026, the application was dismissed as withdrawn, with liberty granted to the RP to file a fresh one.

The practical consequence is an accelerated judicial process to address the critical operational impediment of no electricity, which is essential for the resolution process to continue and to preserve the value of the corporate debtor's asset (the project).

Topics: Insolvency Resolution, Utility Disconnection, NCLT Proceedings