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Impact on NDCRC case when 2nd project of same Builder company in NCLT


20-Mar-2023 (In Recovery Law)
Hi, Under one company name, Builder has two projects running A & B for which possession was due in 2011. Project B is in NCDRC and waiting for final hearing as it couldn't happen due to Covid. Somehow Project A people moved to NCLT just now. Now, my question are - 1) Since both project are independent but company name is same so will there be any impact of NCLT proceedings (Project A) on NCDRC case (Project B). 2) What Project B people should do in this situation as they strictly want to get the order from NCDRC only? 3) How much time NCLT generally take and will there be any adverse impact on NCDRC case even in routine hearing of NCLT happens (can Builder halt the NCDRC proceedings?)
Answers (2)

Answer #1
963 votes
No builder Cant halt NCDRC proceedings, NCLT takes atleast 6 months to 1 year time for case if strong points in ur favour then u will lead case, for furhter details call me advocate mandeep singh delhi high court i will help u in this matter also
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Advocate Om Prakash Saxena

Adv. Om Prakash Saxena

LawRato Delhi | 25+ Answers
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Answer #2
917 votes
If NCLT passes an order admitting the matter filed before it and insolvency proceedings are initiated then the NCDRC process can also potentially get stalled. I'll have to go through the documents to provide proper assistance so kindly contact for the same.
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Advocate Akanksha Choudhary

Adv. Akanksha Choudhary

LawRatoBangalore / Bengaluru | 5+ Answers
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