The Appellants, flat-buyers in the Corporate Debtor's project, initially purchased a flat in Mascot Soho Homes Pvt Ltd. Due to disputes, they were allotted a flat in the Maple Realcon Private project, a sister concern of M/s Mascot Soho Homes Pvt Ltd. M/s. Bindal Merchandise initiated CIRP against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Appellants submitted their claim in Form C, which was admitted by the Resolution Professional. The Successful Resolution Applicant's plan was approved on 20.02.2020, with the SRA stating it would complete the project within 36 months.
The Appellants are flat-buyers in the Corporate Debtor's project.
Initially, they had purchased a flat in Mascot Soho Homes Pvt Ltd.
Due to some disputes, they were allotted a flat in the Maple Realcon Private project, a sister concern of M/s Mascot Soho Homes Pvt Ltd.
M/s. Bindal Merchandise initiated CIRP against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The Appellants submitted their claim in Form C, which was admitted by the Resolution Professional.
The Successful Resolution Applicant's plan was approved on 20.02.2020, with the SRA stating it would complete the project within 36 months.
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Corporate Debtor was…
Successful Resolution…
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The Appellants, flat-buyers in the Corporate Debtor's project, initially purchased a flat in Mascot Soho Homes Pvt Ltd. Due to disputes, they were allotted a flat in the Maple Realcon Private project, a sister concern of M/s Mascot Soho Homes Pvt Ltd. M/s. Bindal Merchandise initiated CIRP against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016. The Appellants submitted their claim in Form C, which was admitted by the Resolution Professional. The Successful Resolution Applicant's plan was approved on 20.02.2020, with the SRA stating it would complete the project within 36 months.
The Appellants are flat-buyers in the Corporate Debtor's project.
Initially, they had purchased a flat in Mascot Soho Homes Pvt Ltd.
Due to some disputes, they were allotted a flat in the Maple Realcon Private project, a sister concern of M/s Mascot Soho Homes Pvt Ltd.
M/s. Bindal Merchandise initiated CIRP against the Corporate Debtor under Section 9 of the Insolvency and Bankruptcy Code, 2016.
The Appellants submitted their claim in Form C, which was admitted by the Resolution Professional.
The Successful Resolution Applicant's plan was approved on 20.02.2020, with the SRA stating it would complete the project within 36 months.
…Corporate Debtor was…
Successful Resolution…
Sign in to view related legal provisions.