# In the matter of Kamla Landmarc Properties Pvt. Ltd. T.C.P. No. 701-(MAH)-2017

> NCLT judgment dated 2017-08-18. Citation: TCN-2017-NCLT-00601. The case pertains to a hearing before the Mumbai Bench of the National Company Law Tribunal…

- **Court:** NCLT
- **Order date:** 18 Aug 2017
- **Citation:** TCN-2017-NCLT-00601
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/kamla-landmarc-properties-pvt-ltd-tcp-no-701-mah-2017-0aba4c5a

## Summary

### Background

The case pertains to a hearing before the Mumbai Bench of the National Company Law Tribunal (NCLT) on August 18, 2017. The matter involves Balansaheb Shankar Tupe & Anr. as the applicant and Kamla Landmarc Properties Pvt. Ltd. as the respondent. The case is related to the I & BP Code 2016.

## Facts

The case involves Balansaheb Shankar Tupe & Anr. against Kamla Landmarc Properties Pvt. Ltd. before the Mumbai Bench of the NCLT. The key fact is that the requisite Form 5 under the IB Code was not filed. The absence of this form led the bench to abate the petition. The Notification GSR 732(E) dated June 29, 2017, is relevant because the abatement is based on the petitioner's failure to comply with its requirements. The petitioner is given liberty to file a fresh petition.

## Issues and analysis

### Issue 1: Whether the petition can proceed without the …

**Ratio:** Compliance with procedural requirements, such as filing the necessary forms under the IB

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**Reasoning:** The bench observed that Form 5, a requisite document under the IB Code, was not filed.

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**Interpretation:** The IB Code mandates the filing of specific forms to ensure transparency and

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**Application:** In this case, the non-filing of Form 5 directly contravenes the procedural

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## Parties

- **Judges:** B.S.V. Prakash…; V. Nallasen…
- **Appellants:** Balansaheb…
- **Respondents:** Kamla Landmarc…

## Timeline

- **2017-06-29 — Notification G…**: Notification GSR 732(E)…
- **2017-08-18 — Hearing…**: Hearing of the Mumbai Bench of the…

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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/nclt-chandigarh/kamla-landmarc-properties-pvt-ltd-tcp-no-701-mah-2017-0aba4c5a