The case involves an application filed by a home buyer under Section 60(5) of the Code, 2016, seeking a directive against the respondents from interfering with the peaceful use and enjoyment of their unit (B-2004 blossom Zest, Sector 143, Noida) and impeding the supply of essentials, specifically the installation of an electricity meter. An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ('IBC') was filed by the Financial Creditors against the Corporate Debtor, M/s. Logix City Developers Private Limited, which was admitted on 17.08.2022, leading to a moratorium and the appointment of an Interim Resolution Professional.
Mr. Anil Kaushal & Ors., as Financial Creditors, initiated insolvency proceedings against M/s. Logix City Developers Private Limited, the Corporate Debtor. The application under Section 7 of IBC was admitted on 2022-08-17, leading to a moratorium and the appointment of Mr. Manohar Lal Vij as Interim Resolution Professional. Shri Amit Jain, the applicant (home buyer), filed an application (IA-4145/2023) seeking a directive to prevent interference with the peaceful enjoyment of his unit (B-2004 blossom Zest, Sector 143, Noida) and ensure the installation of an electricity meter. The applicant claims to have made full payment and received a No Objection Certificate (2021-09-24) and an offer of possession. However, the applicant alleges obstruction by maintenance staff
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Corporate Debtor issued…
The application filed by the Financial…
The case involves an application filed by a home buyer under Section 60(5) of the Code, 2016, seeking a directive against the respondents from interfering with the peaceful use and enjoyment of their unit (B-2004 blossom Zest, Sector 143, Noida) and impeding the supply of essentials, specifically the installation of an electricity meter. An application under Section 7 of the Insolvency and Bankruptcy Code, 2016 ('IBC') was filed by the Financial Creditors against the Corporate Debtor, M/s. Logix City Developers Private Limited, which was admitted on 17.08.2022, leading to a moratorium and the appointment of an Interim Resolution Professional.
Mr. Anil Kaushal & Ors., as Financial Creditors, initiated insolvency proceedings against M/s. Logix City Developers Private Limited, the Corporate Debtor. The application under Section 7 of IBC was admitted on 2022-08-17, leading to a moratorium and the appointment of Mr. Manohar Lal Vij as Interim Resolution Professional. Shri Amit Jain, the applicant (home buyer), filed an application (IA-4145/2023) seeking a directive to prevent interference with the peaceful enjoyment of his unit (B-2004 blossom Zest, Sector 143, Noida) and ensure the installation of an electricity meter. The applicant claims to have made full payment and received a No Objection Certificate (2021-09-24) and an offer of possession. However, the applicant alleges obstruction by maintenance staff
…Corporate Debtor issued…
The application filed by the Financial…