# In the matter of LDR Developers Private Limited

> NCLT judgment dated 2025-11-19. Citation: TCN-2025-NCLT-01757. The case pertains to an application filed under Section 7 of the IBC, related to the Corporate…

- **Court:** NCLT
- **Order date:** 19 Nov 2025
- **Citation:** TCN-2025-NCLT-01757
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-allahabad/ldr-developers-private-limited-b19e04c7

## Summary

### Background

The case pertains to an application filed under Section 7 of the IBC, related to the Corporate Insolvency Resolution Process (CIRP).

## Facts

IA No.780/2025 was filed under Section 12A of the Code.

CIRP cost has been paid.

CIRP stands withdrawn as per the prayer made in the IA.

IA No.780/2025 is disposed of along with the main petition CP (IB) No. 49/ALD/2021.

Any other application connected with CP (IB) No.49/ALD/2021 is also disposed of.

## Issues and analysis

### Issue 1: Whether the application IA No.780/2025 filed under …

**Ratio:** As per the order, the application IA

…

**Reasoning:** The CIRP cost has been paid, and the

…

**Interpretation:** The tribunal has the power to dispose

…

**Application:** The application is disposed of

…

## Parties

- **Judges:** Praveen…; Ashish…
- **Appellants:** Keeler Industries…
- **Respondents:** LDR Developers…
- **Other parties:** Bharat…; Sandeep C…
- **Advocates:** Shubham P…; Komal B…; +3 more

## Timeline

- **2025-11-19 — Order Da…**: Order issued on 19th November, 2025, disposing…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 7 — Initiation of corporate insolvency resolution…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-7)

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