The case involves an Interlocutory Application (IA No. 3987 of 2023) filed by Mr. Rajan Shivkumar Mangave, the Applicant, seeking directions from the National Company Law Tribunal (NCLT) to compel Mr. Arun Kapoor, the Resolution Professional (RP) of Monarch Brookefields LLP (Corporate Debtor), to consider and admit the Applicant's claim of INR 93,16,601.92. The claim was rejected by the RP via email on August 28, 2023. The Corporate Insolvency Resolution Process (CIRP) against Monarch Brookefields LLP was initiated earlier. The Applicant's claim consists of a principal amount of Rs. 35,00,000 related to the purchase of a flat and the remainder for parking, maintenance, and other charges awarded by the Maharashtra Consumer Disputes Redressal Commission. The RP rejected
…Mr. Rajan Shivkumar Mangave filed a claim of INR 93,16,601.92 with the Resolution Professional (RP) of Monarch Brookefields LLP, Mr. Arun Kapoor, on August 25, 2023. This claim was subsequently rejected by the RP on August 28, 2023. The claim includes Rs. 35,00,000 related to the purchase of Flat No. 1105 in the 'Monarch Brookfields' project and the remainder for parking, maintenance, and other charges awarded by the Maharashtra Consumer Disputes Redressal Commission in a 2019 order. The Corporate Insolvency Resolution Process (CIRP) against Monarch Brookefields LLP had commenced earlier, with a public announcement made on November 24, 2019, setting a deadline of December 7, 2019, for claim submissions. The resolution plan submitted by Planet Builders and Developers
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The case involves an Interlocutory Application (IA No. 3987 of 2023) filed by Mr. Rajan Shivkumar Mangave, the Applicant, seeking directions from the National Company Law Tribunal (NCLT) to compel Mr. Arun Kapoor, the Resolution Professional (RP) of Monarch Brookefields LLP (Corporate Debtor), to consider and admit the Applicant's claim of INR 93,16,601.92. The claim was rejected by the RP via email on August 28, 2023. The Corporate Insolvency Resolution Process (CIRP) against Monarch Brookefields LLP was initiated earlier. The Applicant's claim consists of a principal amount of Rs. 35,00,000 related to the purchase of a flat and the remainder for parking, maintenance, and other charges awarded by the Maharashtra Consumer Disputes Redressal Commission. The RP rejected
…Mr. Rajan Shivkumar Mangave filed a claim of INR 93,16,601.92 with the Resolution Professional (RP) of Monarch Brookefields LLP, Mr. Arun Kapoor, on August 25, 2023. This claim was subsequently rejected by the RP on August 28, 2023. The claim includes Rs. 35,00,000 related to the purchase of Flat No. 1105 in the 'Monarch Brookfields' project and the remainder for parking, maintenance, and other charges awarded by the Maharashtra Consumer Disputes Redressal Commission in a 2019 order. The Corporate Insolvency Resolution Process (CIRP) against Monarch Brookefields LLP had commenced earlier, with a public announcement made on November 24, 2019, setting a deadline of December 7, 2019, for claim submissions. The resolution plan submitted by Planet Builders and Developers
…Filing of the Corporate…
Order of the Tribunal appointing Mr. S…