The case involves an application filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, concerning a dispute between M/s. Ramdas Shobraj (the Applicant) and Ahinsa Buildtech Private Limited (the Corporate Debtor). The Applicant's family were protected tenants in a 'Subject Shed' since 1964. In 2008, the Corporate Debtor acquired the property, becoming the Applicant's landlord, with plans for redevelopment. A Subject Agreement was executed in 2011, where the Applicant agreed to cooperate with the redevelopment in exchange for a shop in the redeveloped property. The Corporate Debtor's CIRP was initiated, and the Applicant filed a claim for inconvenience charges due to delays in handing over possession of the shop. The Resolution Plan required flat
…M/s. Ramdas Shobraj (Applicant) were protected tenants in a 'Subject Shed' since November 1, 1964. Ahinsa Buildtech Private Limited (Corporate Debtor) acquired the property in July 7, 2008, becoming the Applicant's landlord. A 'Subject Agreement' was executed on September 9, 2011, where the Applicant agreed to cooperate with the Corporate Debtor's redevelopment efforts in exchange for a shop in the redeveloped property. The Applicant surrendered their tenancy rights under a Permanent Alternate Accommodation Agreement. The Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) was initiated. The Applicant submitted a claim for Rs. 4,08,29,000/- as inconvenience charges due to delays in handing over possession of the shop, computed from June 13, 2013, to
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The Applicant's family has been in occupation…
The Corporate Debtor acquired the property on…
The case involves an application filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, concerning a dispute between M/s. Ramdas Shobraj (the Applicant) and Ahinsa Buildtech Private Limited (the Corporate Debtor). The Applicant's family were protected tenants in a 'Subject Shed' since 1964. In 2008, the Corporate Debtor acquired the property, becoming the Applicant's landlord, with plans for redevelopment. A Subject Agreement was executed in 2011, where the Applicant agreed to cooperate with the redevelopment in exchange for a shop in the redeveloped property. The Corporate Debtor's CIRP was initiated, and the Applicant filed a claim for inconvenience charges due to delays in handing over possession of the shop. The Resolution Plan required flat
…M/s. Ramdas Shobraj (Applicant) were protected tenants in a 'Subject Shed' since November 1, 1964. Ahinsa Buildtech Private Limited (Corporate Debtor) acquired the property in July 7, 2008, becoming the Applicant's landlord. A 'Subject Agreement' was executed on September 9, 2011, where the Applicant agreed to cooperate with the Corporate Debtor's redevelopment efforts in exchange for a shop in the redeveloped property. The Applicant surrendered their tenancy rights under a Permanent Alternate Accommodation Agreement. The Corporate Debtor's Corporate Insolvency Resolution Process (CIRP) was initiated. The Applicant submitted a claim for Rs. 4,08,29,000/- as inconvenience charges due to delays in handing over possession of the shop, computed from June 13, 2013, to
…The Applicant's family has been in occupation…
The Corporate Debtor acquired the property on…