The Supreme Court has stayed criminal proceedings against Lalit Goyal of IREO Group and Vikas Oberoi of Oberoi Realty Limited, who face charges of cheating, criminal breach of trust, and forgery. This legal battle began when the Punjab and Haryana High Court upheld the registration of a First Information Report (FIR) against them on June 6. Both the IREO and Oberoi groups subsequently filed a plea seeking relief from the High Court’s order with the Supreme Court. The accusations have significant implications for both individuals and their companies. The Supreme Court’s intervention is seen as a critical juncture in this high-profile case.
