The petitioner, Jaju Babu, a homebuyer in Kerala Trade Centre, filed a writ petition to quash the order of the National Company Law Tribunal (NCLT) directing the Resolution Professional to reject the claims of home buyers, including the petitioner, and to reconstitute the Committee of Creditors (CoC).
The petitioner, Jaju Babu, is a homebuyer in Kerala Trade Centre at Marine Drive, Cochin.
The petitioner entered into an agreement for sale and construction with the corporate debtor, M/s. Cherupushpam Films Pvt. Ltd.
Loans were availed for the construction from the South Indian Bank, Ernakulam.
The 2nd respondent, Phoenix ARC Private Limited, filed a petition before the NCLT seeking to initiate proceedings against the corporate debtor.
The petitioner and other creditors filed their claims before the Resolution Professional and were included in the CoC.
The 2nd respondent filed an application seeking rejection of the claims of home buyers and reconstitution of the CoC.
…Sign in to view the parties.
Agreement between the corporate debtor and…
The 2nd respondent, Phoenix ARC Private…
The petitioner, Jaju Babu, a homebuyer in Kerala Trade Centre, filed a writ petition to quash the order of the National Company Law Tribunal (NCLT) directing the Resolution Professional to reject the claims of home buyers, including the petitioner, and to reconstitute the Committee of Creditors (CoC).
The petitioner, Jaju Babu, is a homebuyer in Kerala Trade Centre at Marine Drive, Cochin.
The petitioner entered into an agreement for sale and construction with the corporate debtor, M/s. Cherupushpam Films Pvt. Ltd.
Loans were availed for the construction from the South Indian Bank, Ernakulam.
The 2nd respondent, Phoenix ARC Private Limited, filed a petition before the NCLT seeking to initiate proceedings against the corporate debtor.
The petitioner and other creditors filed their claims before the Resolution Professional and were included in the CoC.
The 2nd respondent filed an application seeking rejection of the claims of home buyers and reconstitution of the CoC.
…Agreement between the corporate debtor and…
The 2nd respondent, Phoenix ARC Private…