The appellant, Sanjay Pandurang Kalate, a Suspended Director of Envirant Developers Pvt. Ltd. (Corporate Debtor), filed Company Appeal (AT) (Insolvency) No. 148 of 2026 challenging the Adjudicating Authority's order dated 25.06.2025, which approved a Resolution Plan. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor had commenced on 19.05.2023. The appellant had previously challenged the CIRP admission order, which was dismissed. Later, following Supreme Court orders, the appellant was granted liberty to approach the Adjudicating Authority afresh regarding allegations of collusion, leading to the filing of IA No.3960 of 2024. The Resolution Plan in question was approved by the Committee of Creditors with 100% vote share, and subsequently
…The Appellant, Sanjay Pandurang Kalate, is a Suspended Director of Envirant Developers Pvt. Ltd., the Corporate Debtor.
Corporate Insolvency Resolution Process (CIRP) against Envirant Developers Pvt. Ltd. commenced on 19.05.2023.
The Appellant previously filed Company Appeal (AT) (Ins.) No.742 of 2023 challenging the CIRP admission order, which was dismissed on 05.10.2023.
The Appellant filed IA No.2002 of 2023 before the Adjudicating Authority, alleging collusion in the insolvency petition.
Under orders of the Hon'ble Supreme Court, the Company Appeal (AT) (Ins.) No.1209 of 2023 was heard, and the NCLAT set aside the Adjudicating Authority's orders, granting liberty to the Appellant to approach the Adjudicating Authority afresh.
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Corporate Insolvency Resolution Process…
Company Appeal (AT) (Ins.) No.742 of 2023,…
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The appellant, Sanjay Pandurang Kalate, a Suspended Director of Envirant Developers Pvt. Ltd. (Corporate Debtor), filed Company Appeal (AT) (Insolvency) No. 148 of 2026 challenging the Adjudicating Authority's order dated 25.06.2025, which approved a Resolution Plan. The Corporate Insolvency Resolution Process (CIRP) against the Corporate Debtor had commenced on 19.05.2023. The appellant had previously challenged the CIRP admission order, which was dismissed. Later, following Supreme Court orders, the appellant was granted liberty to approach the Adjudicating Authority afresh regarding allegations of collusion, leading to the filing of IA No.3960 of 2024. The Resolution Plan in question was approved by the Committee of Creditors with 100% vote share, and subsequently
…The Appellant, Sanjay Pandurang Kalate, is a Suspended Director of Envirant Developers Pvt. Ltd., the Corporate Debtor.
Corporate Insolvency Resolution Process (CIRP) against Envirant Developers Pvt. Ltd. commenced on 19.05.2023.
The Appellant previously filed Company Appeal (AT) (Ins.) No.742 of 2023 challenging the CIRP admission order, which was dismissed on 05.10.2023.
The Appellant filed IA No.2002 of 2023 before the Adjudicating Authority, alleging collusion in the insolvency petition.
Under orders of the Hon'ble Supreme Court, the Company Appeal (AT) (Ins.) No.1209 of 2023 was heard, and the NCLAT set aside the Adjudicating Authority's orders, granting liberty to the Appellant to approach the Adjudicating Authority afresh.
…Corporate Insolvency Resolution Process…
Company Appeal (AT) (Ins.) No.742 of 2023,…
Sign in to view related legal provisions.