This appeal was filed against an order dated 11.07.2025 by the National Company Law Tribunal (NCLT), Mumbai Bench, in I.A. No. 5365/2024. The appellant, Prabhat Ranjan, had sought various prayers including a declaration that certain land at Keshavnagar, Pune, does not form part of the liquidation estate of the corporate debtor (Phadnis Properties Ltd.), peaceful possession of the land, relinquishment of claim by Respondent No. 3, and a direction for Respondent No. 1 to apply for the release of the property. The appellant also has another application, I.A. 1430/2025, pending before the NCLT concerning an increase in FSI (Floor Space Index), and other landowners have similar pending applications.
An appeal was filed against an order dated 11.07.2025 passed by the National Company Law Tribunal, Mumbai Bench, Court – II in I.A. No. 5365/2024.
The appellant had sought a declaration that land at Plot No. R-05, Admeasuring About 571.33 sq. mtrs., situated at Keshavnagar, Mundhava, Pune, does not form part of the liquidation estate of the corporate debtor, Phadnis Properties Ltd.
The appellant also prayed for a direction to the respondent to handover peaceful possession of the land, a direction to Respondent No. 3 to relinquish its claim, and a direction to Respondent No. 1 to move an application for release of the property.
The appellant subsequently filed another application, I.A. 1430/2025, which is pending consideration, concerning an increase in FSI.
…Sign in to view the parties.
An order was passed by 'this Hon'ble Tribunal'…
Adjudicating authority (National Company Law…
Sign in to view related legal provisions.
This appeal was filed against an order dated 11.07.2025 by the National Company Law Tribunal (NCLT), Mumbai Bench, in I.A. No. 5365/2024. The appellant, Prabhat Ranjan, had sought various prayers including a declaration that certain land at Keshavnagar, Pune, does not form part of the liquidation estate of the corporate debtor (Phadnis Properties Ltd.), peaceful possession of the land, relinquishment of claim by Respondent No. 3, and a direction for Respondent No. 1 to apply for the release of the property. The appellant also has another application, I.A. 1430/2025, pending before the NCLT concerning an increase in FSI (Floor Space Index), and other landowners have similar pending applications.
An appeal was filed against an order dated 11.07.2025 passed by the National Company Law Tribunal, Mumbai Bench, Court – II in I.A. No. 5365/2024.
The appellant had sought a declaration that land at Plot No. R-05, Admeasuring About 571.33 sq. mtrs., situated at Keshavnagar, Mundhava, Pune, does not form part of the liquidation estate of the corporate debtor, Phadnis Properties Ltd.
The appellant also prayed for a direction to the respondent to handover peaceful possession of the land, a direction to Respondent No. 3 to relinquish its claim, and a direction to Respondent No. 1 to move an application for release of the property.
The appellant subsequently filed another application, I.A. 1430/2025, which is pending consideration, concerning an increase in FSI.
…An order was passed by 'this Hon'ble Tribunal'…
Adjudicating authority (National Company Law…
Sign in to view related legal provisions.