The case involves multiple applications (IA-2690/2023, IA-3503/2023, IA-3505/2023, IA-3506/2023, IA-3507/2023) filed by home-buyers/allottees of the Corporate Debtor, M/s Sare Gurugram Private Limited, seeking acceptance of their claims as financial creditors. These applications were filed under Section 60(5) r/w Section 31 of the IBC, 2016, objecting to the resolution plan. The Resolution Professional had made a public announcement on 2021-03-12, with a last date for claim submission of 2021-03-24.
M/s Asset Care and Reconstruction Enterprises Limited is the Financial Creditor. M/s Sare Gurugram Private Limited is the Corporate Debtor. Several applicants (Mr. Mahendra Singh Bhati, Mr. Abhishek Singhal, Ms. Shailja Goyal) filed individual applications (IA-2690/2023, IA-3503/2023, IA-3505/2023, IA-3506/2023, IA-3507/2023) seeking acceptance of their claims as allottees/home-buyers in projects like 'Sports Parc' and 'Crescent Parc'. The Resolution Professional made a public announcement on 2021-03-12, setting 2021-03-24 as the last date for claim submission. The applicants filed their claims with a delay of approximately 800 days. The Resolution Plan for the Corporate Debtor had already been approved on 2023-04-24. The applicants sought condonation of the delay,
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The case involves multiple applications (IA-2690/2023, IA-3503/2023, IA-3505/2023, IA-3506/2023, IA-3507/2023) filed by home-buyers/allottees of the Corporate Debtor, M/s Sare Gurugram Private Limited, seeking acceptance of their claims as financial creditors. These applications were filed under Section 60(5) r/w Section 31 of the IBC, 2016, objecting to the resolution plan. The Resolution Professional had made a public announcement on 2021-03-12, with a last date for claim submission of 2021-03-24.
M/s Asset Care and Reconstruction Enterprises Limited is the Financial Creditor. M/s Sare Gurugram Private Limited is the Corporate Debtor. Several applicants (Mr. Mahendra Singh Bhati, Mr. Abhishek Singhal, Ms. Shailja Goyal) filed individual applications (IA-2690/2023, IA-3503/2023, IA-3505/2023, IA-3506/2023, IA-3507/2023) seeking acceptance of their claims as allottees/home-buyers in projects like 'Sports Parc' and 'Crescent Parc'. The Resolution Professional made a public announcement on 2021-03-12, setting 2021-03-24 as the last date for claim submission. The applicants filed their claims with a delay of approximately 800 days. The Resolution Plan for the Corporate Debtor had already been approved on 2023-04-24. The applicants sought condonation of the delay,
…The Resolution…
The last date for…