{"id":2537,"date":"2024-12-15T21:24:12","date_gmt":"2024-12-15T12:24:12","guid":{"rendered":"http:\/\/pcb.net.in\/blog\/?p=2537"},"modified":"2025-01-12T16:50:50","modified_gmt":"2025-01-12T07:50:50","slug":"effectiveness-of-nclt-order-copies-attached-for-example","status":"publish","type":"post","link":"http:\/\/pcb.net.in\/blog\/2024\/12\/15\/effectiveness-of-nclt-order-copies-attached-for-example\/","title":{"rendered":"Effectiveness of NCLT order copies attached for example"},"content":{"rendered":"\n<p>Effectiveness of NCLT<\/p>\n\n\n\n<p><em>Dear Friends,<\/em><\/p>\n\n\n\n<p>I am pleased to share details about a recent order obtained by a fellow buyer of Solitaire City, Colonel Dr. Gautam, who is currently serving in the Indian Army.<\/p>\n\n\n\n<p>Colonel Dr. Gautam had previously purchased two flats from two different builders. Due to construction delays, he approached the NCLT (National Company Law Tribunal), which, within Six months not only awarded him compensation but also ensured a revised possession date for his properties, through enclosed part settlement agreements.<\/p>\n\n\n\n<p>Currently, Colonel Dr. Gautam, along with 32 other Solitarian City buyers, has filed a case in the National Consumer Disputes Redressal Commission (NCDRC) against delayed possession and interest claims. When he came to know that I am also filing case in NCLT, he called and consented to join with all others &amp; shared his experience as testimony to the efficiency of the settlement process.<\/p>\n\n\n\n<p>As a reference, I am enclosing copies of the orders he received, along with a record of our chat exchange for your kind perusal. However it may be noted that NCLT compromise is only valid for the petitioner\u2019s listed as complainant.<\/p>\n\n\n\n<p>Best regards,<\/p>\n\n\n\n<p>Warmly,<br>Saxena V M<br>Secretary,<br>Petroleum Coal &amp; Banking Executives Welfare Society<br>Visit us at pcb.net.in<br>+91 9990623304<\/p>\n\n\n\n<p>Encl: WhatsApp\u2019s Chat with Colonel Dr. Gautam<\/p>\n\n\n\n<p>[15\/12, 12:15] Solitaire Colonel Gautam: I was given 12.5 lacs as my assured returns of 5 years and also my unit vide this sec 7 application filed against Grand Venice. And this part settlement agreement clearly states that they will provide possession to me in 9 months failing which ill get 20000 per month<br>[15\/12, 12:16] Solitaire Colonel Gautam: In this part settlement agreement with Supertech i got 10 lacs back as delayed penalty for my studio Appartment booked at Upcountry within 6 months of filing NCLT case..<br>[15\/12, 12:17] Solitaire Colonel Gautam: So what i mean to say is that NCLT has not been filed by me to make any company insolvent.. its only the fear i give to builder of him getting removed from the management of the company he pays me my dues. So finally i have got my dues and also my unit<br>[15\/12, 12:40] General Secretary PCBS: Thanks for sharing same<br>[15\/12, 14:15] Solitaire Colonel Gautam: Yes..<br>[15\/12, 14:15] Solitaire Colonel Gautam: One can file at NCLT also simultaneously<br>[15\/12, 14:16] Solitaire Colonel Gautam: NCLT as such supersedes everything<br>[15\/12, 14:16] Solitaire Colonel Gautam: And date of possession revision by rera for any builder is not related to what is mentioned in our BBA<br>[15\/12, 14:16] Solitaire Colonel Gautam: Our date of possession is final whats mentioned in Bba with builder<br>[15\/12, 14:17] Solitaire Colonel Gautam: The revised date of possession is just to extend his rera registration<br>[15\/12, 14:17] Solitaire Colonel Gautam:&nbsp;Thats&nbsp;all<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"724\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-724x1024.png\" alt=\"\" class=\"wp-image-2538\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-724x1024.png 724w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-212x300.png 212w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-768x1086.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-1086x1536.png 1086w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-1448x2048.png 1448w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-1200x1697.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-1980x2800.png 1980w\" sizes=\"auto, (max-width: 724px) 100vw, 724px\" \/><\/figure>\n\n\n\n<p>IN THE NATIONAL COMPANY LAW TRIBUNAL,<br>NEW DELHI COURT III<br>Item No. 303<br>IB-433(ND)\/2022<br>IN THE MATTER OF:<br>M\/s. Paisalo Digital Ltd \u2026..APPLICANT\/PETITIONER<br>Vs.<br>M\/s. Solitaire Realinfra Pvt. Ltd. \u2026..RESPONDENT<br>SECTION<br>U\/s 7 of IBC, 2016 Order delivered on 19.10.2023<br>CORAM:<br>SHRI BACHU VENKAT BALARAM DAS, HON\u2019BLE MEMBER (JUDICIAL)<br>SHRI ATUL CHATURVEDI, HON\u2019BLE MEMBER (TECHNICAL)<br>PRESENT:<br>For the Applicant : Mr. Harshal Kumar, Advocate.<br>For the Respondent : Mr. Mrinal Harshvardhan, Mr. Sushant Dogra,<br>Mr. Yogendra Singh, Advocates.<br>ORDER<br>In compliance with the order dated 11.10.2023, the Corporate Debtor<br>has deposited the Draft No. 510995, drawn on ICICI Bank for an amount of<br>Rs. 5,00,000\/- in the Bharat Kosh and also filed proof with the Registry on<br>the same day.<br>Learned Counsel appearing for the Financial Creditor has submitted<br>that the Corporate Debtor has paid the settled amount in default to the<br>satisfaction of the Financial Creditor and therefore, seeks to withdraw the<br>present petition.<br>IB-433\/ND\/2022 dismissed as withdrawn.<br>Sd\/- Sd\/-<br>(ATUL CHATURVEDI) (BACHU VENKAT BALARAM DAS)<br>MEMBER (TECHNICAL) MEMBER (JUDICIAL)<br>Shammy<br>19.10.2023<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"621\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p1-18.9.2019-621x1024.jpg\" alt=\"\" class=\"wp-image-2539\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p1-18.9.2019-621x1024.jpg 621w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p1-18.9.2019-182x300.jpg 182w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p1-18.9.2019-768x1267.jpg 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p1-18.9.2019.jpg 776w\" sizes=\"auto, (max-width: 621px) 100vw, 621px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"687\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p2-687x1024.jpg\" alt=\"\" class=\"wp-image-2540\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p2-687x1024.jpg 687w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p2-201x300.jpg 201w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p2-768x1144.jpg 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/NCLT-Order-Supertech-for-delay-intrest-p2.jpg 859w\" sizes=\"auto, (max-width: 687px) 100vw, 687px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"738\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-738x1024.png\" alt=\"\" class=\"wp-image-2542\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-738x1024.png 738w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-216x300.png 216w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-768x1065.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-1108x1536.png 1108w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-1477x2048.png 1477w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2-1200x1664.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-2.png 1828w\" sizes=\"auto, (max-width: 738px) 100vw, 738px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"642\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-642x1024.png\" alt=\"\" class=\"wp-image-2543\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-642x1024.png 642w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-188x300.png 188w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-768x1226.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-962x1536.png 962w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-1283x2048.png 1283w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3-1200x1915.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-3.png 1661w\" sizes=\"auto, (max-width: 642px) 100vw, 642px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"622\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-622x1024.png\" alt=\"\" class=\"wp-image-2544\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-622x1024.png 622w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-182x300.png 182w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-768x1264.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-933x1536.png 933w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-1244x2048.png 1244w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4-1200x1975.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-4.png 1677w\" sizes=\"auto, (max-width: 622px) 100vw, 622px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"614\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-614x1024.png\" alt=\"\" class=\"wp-image-2545\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-614x1024.png 614w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-180x300.png 180w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-768x1281.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-921x1536.png 921w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-1228x2048.png 1228w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5-1200x2002.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-5.png 1800w\" sizes=\"auto, (max-width: 614px) 100vw, 614px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"658\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-658x1024.png\" alt=\"\" class=\"wp-image-2546\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-658x1024.png 658w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-193x300.png 193w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-768x1195.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-987x1536.png 987w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-1317x2048.png 1317w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6-1200x1867.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-6.png 1910w\" sizes=\"auto, (max-width: 658px) 100vw, 658px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"625\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-625x1024.png\" alt=\"\" class=\"wp-image-2547\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-625x1024.png 625w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-183x300.png 183w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-768x1259.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-937x1536.png 937w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-1250x2048.png 1250w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7-1200x1966.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-7.png 1705w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"619\" height=\"1024\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-619x1024.png\" alt=\"\" class=\"wp-image-2548\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-619x1024.png 619w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-181x300.png 181w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-768x1270.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-929x1536.png 929w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-1239x2048.png 1239w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8-1200x1984.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-8.png 1537w\" sizes=\"auto, (max-width: 619px) 100vw, 619px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"610\" src=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9-1024x610.png\" alt=\"\" class=\"wp-image-2549\" srcset=\"http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9-1024x610.png 1024w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9-300x179.png 300w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9-768x457.png 768w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9-1200x714.png 1200w, http:\/\/pcb.net.in\/blog\/wp-content\/uploads\/2024\/12\/image-9.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Effectiveness of NCLT Dear Friends, I am pleased to share details about a recent order obtained by a fellow buyer of Solitaire City, Colonel Dr. Gautam, who is currently serving in the Indian Army. Colonel Dr. Gautam had previously purchased two flats from two different builders. Due to construction delays, he approached the NCLT (National [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40],"tags":[],"class_list":["post-2537","post","type-post","status-publish","format-standard","hentry","category-society-news"],"_links":{"self":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/2537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/comments?post=2537"}],"version-history":[{"count":1,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/2537\/revisions"}],"predecessor-version":[{"id":2550,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/posts\/2537\/revisions\/2550"}],"wp:attachment":[{"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/media?parent=2537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/categories?post=2537"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/pcb.net.in\/blog\/wp-json\/wp\/v2\/tags?post=2537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}