Raheja Developers Insolvency Application Withdrawn

Authority: National Company Law Tribunal, New Delhi Principal Bench

Order Date: 07.07.2026

Case Overview

The National Company Law Tribunal (NCLT) New Delhi Principal Bench, comprising Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member Technical), heard matters related to case IB-239(PB)/2023. The case involves petitioners Vipul Jain and Rachna Jain versus respondent Raheja Developers Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The hearing was conducted in hybrid mode (physical and video conference).

Final Outcome

The Tribunal dismissed application IA-2924/2026 as withdrawn following a request by the applicant's counsel, Ms. Prachi Johri. The Tribunal listed the new application IA-2980/2026 for hearing on 13 July 2026. No substantive decisions on the insolvency proceedings were made in this order.

Topics: NCLT Proceedings, Corporate Insolvency, Real Estate