These are two appeals challenging the order dated 12.09.2025 passed by the adjudicating authority (National Company Law Tribunal, Mumbai Bench) in I.A. No.5195/2024 & I.A. No.6034/2024 filed in C.P. (IB) No.284/MB/2024.
Avenue 54 Welfare Association filed a Section 7 application as a registered society of flat purchasers in the project known as “Avenue 54” at Santacruz West, Mumbai.
The members of the Avenue 54 Welfare Association had purchased 98 flats in the project and formed a society.
Sumer Buildcorp Private Limited and Sumer Radius Realty Private Limited were named as corporate debtors in the Section 7 application.
The amount claimed to be in default was ₹203,27,66,369/-.
The appellants filed applications (I.A.5195/2024 and I.A.6034/2024) praying for dismissal of the company petition.
The respondent offered to file individual affidavits of the homebuyers regarding authorization to the applicant, but this was objected to by the corporate debtor's counsel.
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These are two appeals challenging the order dated 12.09.2025 passed by the adjudicating authority (National Company Law Tribunal, Mumbai Bench) in I.A. No.5195/2024 & I.A. No.6034/2024 filed in C.P. (IB) No.284/MB/2024.
Avenue 54 Welfare Association filed a Section 7 application as a registered society of flat purchasers in the project known as “Avenue 54” at Santacruz West, Mumbai.
The members of the Avenue 54 Welfare Association had purchased 98 flats in the project and formed a society.
Sumer Buildcorp Private Limited and Sumer Radius Realty Private Limited were named as corporate debtors in the Section 7 application.
The amount claimed to be in default was ₹203,27,66,369/-.
The appellants filed applications (I.A.5195/2024 and I.A.6034/2024) praying for dismissal of the company petition.
The respondent offered to file individual affidavits of the homebuyers regarding authorization to the applicant, but this was objected to by the corporate debtor's counsel.
…Date of the order passed by the adjudicating…
Date of the…