Praxis Home Retail Limited has informed stock exchanges that its NCLT hearing regarding an IBC petition by operational creditor Koncepts Interior has been adjourned from April 30, 2025 to June 23, 2026 due to counsel unavailability. The petition involves a claim of ₹1,00,65,914.30 with 18% annual interest, though the company maintains there is a pre-existing dispute and no financial impact on operations.
Praxis Home Retail NCLT Hearing Adjourned to June 23, 2026 in IBC Proceedings
