# In the matter of Ms. Reena vs. Rabindra Kumar Mintri and Anr.

> NCLAT judgment dated 2025-10-17. Citation: TCN-2025-NCLAT-00529. Several appeals were filed against an order by the Adjudicating Authority (NCLT) dismissing…

- **Court:** NCLAT
- **Order date:** 17 Oct 2025
- **Citation:** TCN-2025-NCLAT-00529
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/ms-reena-vs-rabindra-kumar-mintri-and-anr-0ac587b8

## Summary

### Background

Several appeals were filed against an order by the Adjudicating Authority (NCLT) dismissing IAs filed by Appellants seeking acceptance of their belated claims as homebuyers in the CIRP of Today Homes Noida Pvt. Ltd. The Appellants' claims were rejected due to delays in filing beyond the 90-day CIRP commencement period.

## Facts

The Corporate Debtor, Today Homes Noida Pvt. Ltd., initiated CIRP based on an application by Financial Creditors (Homebuyers) on 20.08.2019.

The IRP made a public announcement on 24.08.2019, inviting claims from creditors by 03.09.2019.

The Appellants, including Ms. Reena, filed claims after the 90-day period, citing lack of awareness of the CIRP due to residing outside Delhi NCR or abroad.

A Resolution Plan was approved by the CoC on 04.03.2020.

NOIDA, having allotted land to the Corporate Debtor, was treated as an Operational Creditor in the Resolution Plan.

The Hon'ble Supreme Court in 'Greater Noida Industrial Development Authority vs Prabhjit Singh Soni & Anr.' held Greater NOIDA as a Secured Creditor.

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## Issues and analysis

### Issue 1: Whether the Adjudicating Authority erred in rejecting the Appellants' claims solely based on the …

**Ratio:** The Adjudicating Authority should consider the merits of the claims, especially when the

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**Reasoning:** The Tribunal relied on previous judgments, including 'Puneet Kaur vs. M/s. K.V.

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**Interpretation:** The Adjudicating Authority's decision to reject the claims solely based on

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**Application:** The Tribunal set aside the Adjudicating Authority's order and directed the

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## Parties

- **Judges:** Ashok Bh…; Arun Ba…
- **Appellants:** Reen…; Putti…; +18 more
- **Respondents:** Today Homes Noida…; Rabindra Kumar…; +2 more
- **Other parties:** Priyanshi…; NOID…; +3 more
- **Advocates:** Bishwajit…; Nipun G…; +24 more

## Timeline

- **2019-08-20 — CIRP Commen…**: CIRP against Today Homes Noida Pvt. Ltd. commenced based on an application by Financial…
- **2019-08-24 — Public Annou…**: IRP made a public announcement, inviting…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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