The Appellant, Anupam Jain, filed an appeal against the order dated 11.11.2024 passed by the National Company Law Tribunal (NCLT), Indore Bench, which dismissed his application seeking recognition as a Financial Creditor. The dispute arises from the Appellant's claim over a residential unit booked by his mother in 2009 and later transferred to him with the Corporate Debtor's consent.
Anupam Jain claimed a residential unit (Flat No. 1501, Tower P-2) was booked by his mother in 2009 and later transferred to him with the Corporate Debtor's consent.
The Appellant claims to be in peaceful possession of the unit since 2016 and had paid a substantial part of the consideration amount.
Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 17.03.2022.
The Appellant filed his claim under Form CA with the Interim Resolution Professional (IRP), asserting his rights over the unit and willingness to pay the balance amount.
The Appellant was admitted as a creditor with 0% voting rights and participated in CoC proceedings.
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Smt. Anjali Jai…
An Agreement to Sell…
The Appellant, Anupam Jain, filed an appeal against the order dated 11.11.2024 passed by the National Company Law Tribunal (NCLT), Indore Bench, which dismissed his application seeking recognition as a Financial Creditor. The dispute arises from the Appellant's claim over a residential unit booked by his mother in 2009 and later transferred to him with the Corporate Debtor's consent.
Anupam Jain claimed a residential unit (Flat No. 1501, Tower P-2) was booked by his mother in 2009 and later transferred to him with the Corporate Debtor's consent.
The Appellant claims to be in peaceful possession of the unit since 2016 and had paid a substantial part of the consideration amount.
Corporate Insolvency Resolution Process (CIRP) was initiated against the Corporate Debtor on 17.03.2022.
The Appellant filed his claim under Form CA with the Interim Resolution Professional (IRP), asserting his rights over the unit and willingness to pay the balance amount.
The Appellant was admitted as a creditor with 0% voting rights and participated in CoC proceedings.
…Smt. Anjali Jai…
An Agreement to Sell…