Karnataka HC Disposes Writ as Company Entered Corporate Insolvency Process

Robin Ghose Vs State of Karnataka (Karnataka High Court) The Karnataka High Court disposed of a writ petition seeking implementation of a Real Estate Regulatory Authority (RERA) order directing payment of ₹25,39,737 to the petitioner. During the proceedings, the petitioner informed the Court that Respondent No. 4 had been admitted into the Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Bengaluru Bench, through an order dated 23.08.2024. A copy of the NCLT order imposing a moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 was ...