The appeals challenge an impugned order dated 17.03.2026, which dismissed an application (I.A. No.2/2026) filed by the appellant. The application sought directions for incorporating a mandatory condition regarding the construction of a social club into the resolution plan. The resolution plan had already been approved by the Committee of Creditors (CoC) with a 93.81% vote, and the CoC itself consisted of the allottees.
The appeals are filed against an impugned order dated 17.03.2026.
The appellant filed I.A. No.2/2026 before the adjudicating authority.
The application sought directions for incorporating a mandatory condition in the resolution plan regarding the construction of a social club.
The adjudicating authority dismissed the application.
The resolution plan was approved by the Committee of Creditors ("CoC") with 93.81% voting in favour.
The CoC consisted of the allottees themselves.
Respondent No. 2/Successful Resolution Applicant ("SRA") executed an affidavit dated 12.02.2026.
In the affidavit, the SRA stated willingness to engage with the Applicant Association and its members to facilitate the development of an independent club.
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Affidavit executed by Respondent No.…
Impugned order passed by the learned…
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The appeals challenge an impugned order dated 17.03.2026, which dismissed an application (I.A. No.2/2026) filed by the appellant. The application sought directions for incorporating a mandatory condition regarding the construction of a social club into the resolution plan. The resolution plan had already been approved by the Committee of Creditors (CoC) with a 93.81% vote, and the CoC itself consisted of the allottees.
The appeals are filed against an impugned order dated 17.03.2026.
The appellant filed I.A. No.2/2026 before the adjudicating authority.
The application sought directions for incorporating a mandatory condition in the resolution plan regarding the construction of a social club.
The adjudicating authority dismissed the application.
The resolution plan was approved by the Committee of Creditors ("CoC") with 93.81% voting in favour.
The CoC consisted of the allottees themselves.
Respondent No. 2/Successful Resolution Applicant ("SRA") executed an affidavit dated 12.02.2026.
In the affidavit, the SRA stated willingness to engage with the Applicant Association and its members to facilitate the development of an independent club.
…Affidavit executed by Respondent No.…
Impugned order passed by the learned…
Sign in to view related legal provisions.