Intercontinental Consultant & Technocrats Pvt. Ltd. v. Vigneshwara Developers Pvt. Ltd.
Case brief
What is this about?
Delhi High Court order dated 11.05.2026 in CS(COMM) 45/2016, Intercontinental Consultant & Technocrats Pvt Ltd v. Vigneshwara Developers Pvt Ltd (Avneesh Jhingan, J): recovery suit not pressed as the claim is pending before the NCLT in IBC proceedings; matter disposed of with liberty to revive the suit if the need arises.
What did the court decide?
Liberty to the plaintiff to revive the suit in case the need so arises. ¶13