Jasrati Education Solutions Limited, the applicant (formerly Educomp Infrastructure & School Management Limited), filed an application seeking directions against the respondents for registration of a sale deed/transfer deed for agricultural land. The applicant is under the control of the Successful Resolution Applicant (SRA), Mr. Paramjit Gandhi, as per the approved Resolution Plan.
The applicant, Jasrati Education Solutions Limited, is seeking directions for the registration of a sale deed/transfer deed for agricultural land.
The land in question was originally owned by multiple sellers who entered into MOUs and Agreements to Sell with OSN Infrastructure.
The sellers executed General Power of Attorneys (GPAs) in favor of Respondent No. 2, authorizing him to execute the sale deed.
OSN Infrastructure transferred its rights, title, and interest in the land to the Corporate Debtor through a Deed of Assignment.
The Corporate Debtor went into CIRP, and a Resolution Plan was approved, including the subject land as an asset.
Respondent No. 2 has refused to execute the sale deed, citing ongoing criminal proceedings.
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Each of the Sellers had entered into various…
Each of the Sellers had entered into various…
Jasrati Education Solutions Limited, the applicant (formerly Educomp Infrastructure & School Management Limited), filed an application seeking directions against the respondents for registration of a sale deed/transfer deed for agricultural land. The applicant is under the control of the Successful Resolution Applicant (SRA), Mr. Paramjit Gandhi, as per the approved Resolution Plan.
The applicant, Jasrati Education Solutions Limited, is seeking directions for the registration of a sale deed/transfer deed for agricultural land.
The land in question was originally owned by multiple sellers who entered into MOUs and Agreements to Sell with OSN Infrastructure.
The sellers executed General Power of Attorneys (GPAs) in favor of Respondent No. 2, authorizing him to execute the sale deed.
OSN Infrastructure transferred its rights, title, and interest in the land to the Corporate Debtor through a Deed of Assignment.
The Corporate Debtor went into CIRP, and a Resolution Plan was approved, including the subject land as an asset.
Respondent No. 2 has refused to execute the sale deed, citing ongoing criminal proceedings.
…Each of the Sellers had entered into various…
Each of the Sellers had entered into various…