The case involves a dispute over property possession between M/s Rose Constructions (appellant) and Mr. Atul Kumar Kansal, the Resolution Professional (respondent) of the Corporate Debtor. The appellant claims a right over the property based on a lease deed, while the RP alleges encroachment.
M/s Rose Constructions claims to be a partnership firm awarded civil contract work by the Corporate Debtor on 31.12.2014.
A dispute arose over payment, which the appellant claims was resolved through a settlement deed dated 20.04.2017.
On 20.12.2017, the Corporate Debtor executed a lease deed in favor of one of the partners of the appellant.
CIRP was initiated against the Corporate Debtor on 03.07.2018.
The RP filed I.A. 1197 of 2019 against the appellant under Section 45 of the IBC, which is still pending.
The RP filed I.A. 2738 of 2020 alleging encroachment by the appellant.
The Adjudicating Authority allowed I.A. 2738 of 2020, directing the appellant to vacate the property.
…Sign in to view the parties.
M/s Rose Constructions…
Dispute over payment…
The case involves a dispute over property possession between M/s Rose Constructions (appellant) and Mr. Atul Kumar Kansal, the Resolution Professional (respondent) of the Corporate Debtor. The appellant claims a right over the property based on a lease deed, while the RP alleges encroachment.
M/s Rose Constructions claims to be a partnership firm awarded civil contract work by the Corporate Debtor on 31.12.2014.
A dispute arose over payment, which the appellant claims was resolved through a settlement deed dated 20.04.2017.
On 20.12.2017, the Corporate Debtor executed a lease deed in favor of one of the partners of the appellant.
CIRP was initiated against the Corporate Debtor on 03.07.2018.
The RP filed I.A. 1197 of 2019 against the appellant under Section 45 of the IBC, which is still pending.
The RP filed I.A. 2738 of 2020 alleging encroachment by the appellant.
The Adjudicating Authority allowed I.A. 2738 of 2020, directing the appellant to vacate the property.
…M/s Rose Constructions…
Dispute over payment…