# 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-00597. 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-00597
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-chandigarh/kamla-landmarc-properties-pvt-ltd-tcp-no-701-mah-2017-965b09eb

## 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(s) 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 the non-filing of requisite Form 5 under the IB Code, which led the court to abate the petition as per Notification GSR 732(E) dated June 29, 2017. The petitioner was given the liberty to file a fresh petition. The case is related to the I & BP Code 2016.

## Issues and analysis

### Issue 1: Whether the petition can be maintained given the …

**Ratio:** The legal principle applied is that compliance with procedural requirements, such as

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**Reasoning:** The court reasoned that the non-filing of Form 5 is a significant procedural defect that

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**Interpretation:** The interpretation is that the IB Code and related notifications mandate the

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**Application:** In this case, the non-filing of Form 5 directly led to the abatement of the

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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 at NCLT Mumbai…**: Hearing of the case before the Mumbai Bench…

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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-2017-965b09eb