The case involves an intervention petition (Inv.P/8(MP)2024) and another application (IA/371(MP)2024) filed by Rajeev Agnihotri in the matter of a Section 7 IBC petition (C.P.(IB)/26(MP)2024) initiated by homebuyers against Pushp Ratna Realty Pvt Ltd. Agnihotri sought to be arrayed as a respondent in the C.P.(IB)/26(MP)2024 and objected to its maintainability, arguing that the homebuyers' application was barred by limitation and that there were disputes between shareholders. Agnihotri claimed to hold 50% shareholding in the corporate debtor, Pushp Ratna Realty Pvt Ltd, in lieu of land transferred for a township project. He also stated that he had initiated arbitration proceedings regarding disputes with the company.
Rajeev Agnihotri, the applicant/intervener, filed Inv.P/8(MP)2024 seeking to be arrayed as a respondent in C.P.(IB)/26(MP)2024, a Section 7 IBC petition filed by homebuyers against Pushp Ratna Realty Pvt Ltd. Agnihotri also filed IA/371(MP)2024 objecting to the maintainability of the said C.P.(IB)/26(MP)2024. Agnihotri claimed to hold 50% shareholding in Pushp Ratna Realty Pvt Ltd in lieu of land transferred for a township project. He argued that the homebuyers' application was barred by limitation and that there were disputes between shareholders. Agnihotri had also initiated arbitration proceedings under Section 11(6) of the Arbitration and Conciliation Act, 1996 in the Hon'ble High Court of M. P. Bench at Indore. The homebuyers had previously filed
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Homebuyers filed a Section 7 petition…
Rajeev Agnihotri filed an intervention petition…
The case involves an intervention petition (Inv.P/8(MP)2024) and another application (IA/371(MP)2024) filed by Rajeev Agnihotri in the matter of a Section 7 IBC petition (C.P.(IB)/26(MP)2024) initiated by homebuyers against Pushp Ratna Realty Pvt Ltd. Agnihotri sought to be arrayed as a respondent in the C.P.(IB)/26(MP)2024 and objected to its maintainability, arguing that the homebuyers' application was barred by limitation and that there were disputes between shareholders. Agnihotri claimed to hold 50% shareholding in the corporate debtor, Pushp Ratna Realty Pvt Ltd, in lieu of land transferred for a township project. He also stated that he had initiated arbitration proceedings regarding disputes with the company.
Rajeev Agnihotri, the applicant/intervener, filed Inv.P/8(MP)2024 seeking to be arrayed as a respondent in C.P.(IB)/26(MP)2024, a Section 7 IBC petition filed by homebuyers against Pushp Ratna Realty Pvt Ltd. Agnihotri also filed IA/371(MP)2024 objecting to the maintainability of the said C.P.(IB)/26(MP)2024. Agnihotri claimed to hold 50% shareholding in Pushp Ratna Realty Pvt Ltd in lieu of land transferred for a township project. He argued that the homebuyers' application was barred by limitation and that there were disputes between shareholders. Agnihotri had also initiated arbitration proceedings under Section 11(6) of the Arbitration and Conciliation Act, 1996 in the Hon'ble High Court of M. P. Bench at Indore. The homebuyers had previously filed
…Homebuyers filed a Section 7 petition…
Rajeev Agnihotri filed an intervention petition…