# In the matter of Wakai Hospitality Private Limited vs. Palak Desai & Ors.

> Read the full IBC case summary for In the matter of Wakai Hospitality Private Limited vs. Palak Desai & Ors.. NCLAT judgment dated 28 May 2025. Citation:…

- **Court:** NCLAT
- **Order date:** 28 May 2025
- **Citation:** TCN-2025-NCLAT-00322
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/ts-party-wakai-hospitality-private-limited-vs-ts-party-palak-desai-059b6850

## Parties

- **Judges:** Naresh Sa…
- **Appellants:** WAKAI HOSPITALITY…
- **Respondents:** PALAK D…; Asrec (India)…
- **Other parties:** Rajmal Lakhichand…; State Bank of…; +1 more
- **Advocates:** Aditya S…; Samsher…; +8 more

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This is a preview. The full structured summary, issues, precedents and source judgment are available on CaseEase - Legal Intelligence Simplified: https://caseease.in/cases/ibc/nclat-new-delhi/ts-party-wakai-hospitality-private-limited-vs-ts-party-palak-desai-059b6850