U.P. Real Estate Regulatory Authority, Regional Office, Gautam Buddh Nagar. Hearing Bench-04, 32-Complaint No. Ho 42204826249 Ajay Khanna versus Jaypee Infratech Limited 0.05.209 The file was produced. On call, the complainant was absent. The respondent was present. Learned counsel for the respondent stated that proceedings against the company are pending before the N.C.L.T., where an I.R.P. has already been appointed. The matter was heard and the file was perused. The respondent states that proceedings against the company are pending before the Hon'ble N.C.L.T. and, in support of its statement, a copy of the order of the Hon'ble L.C.L.T. has been filed, in which it is mentioned that: Moratorium - (7) Subject to provisions of sub-sections (2) and (3), on the insolvency commencement date, the Adjudicating Authority shall by order declare moratorium for prohibiting all of the following, namely: (a) the institution of suits or continuation of pending suits or proceedings against the corporate debtor including execution of any judgement, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) transferring, encumbering, alienating or disposing off by the corporate debtor any of its assets or any legal right or beneficial interest therein;

(c) any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002); (d) The recovery of any property by an owner or lessor where such property is occupied by or in the possession of the corporate debtor. In this situation, since an I.R.P. has already been appointed, the complainant may present his claim before the I.R.P., and until the final order of the Hon'ble N[?], any kind of proceedings in the matter in question are prohibited. Therefore, while staying the proceedings in the [?] case, the complaint is disposed of [?]. The file be consigned to the record room. After the final order of the Hon'ble N.C.L.T., the file may be fixed as necessary. (Kalpana Mishra) (Member) U.P. Real Estate Regulatory Authority * * * उ0प्र0 भू-सम्पदा विनियामक प्राधिकरण, क्षेत्रीय कार्यालय, गौतमबुद्धनगर। सुनवाई पीठ-04, 32-शिकायत सं0 42204826249 अजय Ge बनाम जेपी इन्फाटेक लिमिटेड 04.05.209 पत्रावली पेश हुई। पुकार पर शिकायतकर्ता अनुपस्थित। विपक्षी उपस्थित। विपक्षी के विद्वान अधिवक्ता द्वारा कहा गया कि कंपनी के विरूद्ध एन.सी.एल.टी.में कार्यवाही प्रचलित है, जहां आई.आर.पी. नियुक्त किया जा चुका है।

सुना तथा पत्रावली का अवलोकन किया। विपक्षी का कहना है कि कंपनी के विरूद्ध माननीय एन.सी.एल.टी. में कार्यवाही प्रचलित है और अपने कथन के समर्थन में माननीय एल.सी.एल.टी. के आदेश की प्रति दाखिल की गयी है, जिसमें उल्लिखित किया गया है कि :- Moratorium - (7) Subject to provisions of sub-sections (2) and (3), on the insolvency commencement date, the Adjudicating Authority shall by order declare moratorium for prohibiting all of the following, namely: (a) the institution of suits or continuation of pending suits or proceedings against the corporate debtor including execution of any judgement, decree or order in any court of law, tribunal, arbitration panel or other authority; (b) transferring, encumbering, alienating or disposing off by the corporate debtor any of its assets or any legal right or beneficial interest therein;

(c) any action to foreclose, recover or enforce any security interest created by the corporate debtor in respect of its property including any action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002); (d) The recovery of any property by an owner or lessor where such property is occupied by or in the possession of the corporate cebtor. ऐसी दशा में जबकि आईआर.पी. नियुक्त किया जा चुका है, शिकायतकर्ता अपना दावा आई.आर.पी. के समक्ष प्रस्तुत कर सकते है और माननीय एन Head, के अंतिम आदेश तक प्रश्नगत वाद में किसी प्रकार की कार्यवाही faite निषिद्ध है। अतः wera वाद की कार्यवाही स्थगित करते हुए प्रश्नगत शिकायत Prema की जाती है। पत्रावली दाखिल दफ्तर हो। माननीय एन.सी.एल.टी. के अंतिम आदेश के उपरान्त आवश्यकतानुसार पत्रावली नियत हो। a (कल्पना मिश्रा) (सदस्य) उ0प्र0 भू-सम्पदा विनियामक प्राधिकरण