This Interlocutory Application (IA No.3601/MB/2024) was filed by Mr. Dinesh Chaplot, Mrs. Sneha Chaplot, and Mrs. Anita Chaplot, who are financial creditors and homebuyers of a housing redevelopment project called O2, undertaken by the Corporate Debtor, M/S Snehanjali and S.B. Developers Private Limited. The applicants filed the application challenging the non-decision and non-admission of their financial claims totaling Rs. 17,32,90,305 by the Respondent, the Resolution Professional. The applicants had acquired 6 flats in 2016 from "SB Developers," a partnership firm that was later converted into a company which is now the Corporate Debtor. The Respondent is the Resolution Professional of the Corporate Debtor appointed by the Tribunal.
Mr. Dinesh Chaplot, Mrs. Sneha Chaplot, and Mrs. Anita Chaplot filed an application against the Resolution Professional (RP) of M/S Snehanjali and S.B. Developers Private Limited, challenging the non-admission of their financial claims. The applicants are financial creditors and homebuyers of a housing project called O2. They acquired six flats in 2016 from SB Developers, a partnership firm later converted into a company (the Corporate Debtor). Mr. Dinesh Chaplot was a partner in SB Developers until August 8, 2016, and is related to the other applicants. The applicants executed Agreements for Sale in August 2016 and supplementary agreements later. The supplementary agreements included clauses for penalties if possession was delayed. The possession date was extended to
…Sign in to view the parties.
Applicants pur…
Agreements for Sale…
This Interlocutory Application (IA No.3601/MB/2024) was filed by Mr. Dinesh Chaplot, Mrs. Sneha Chaplot, and Mrs. Anita Chaplot, who are financial creditors and homebuyers of a housing redevelopment project called O2, undertaken by the Corporate Debtor, M/S Snehanjali and S.B. Developers Private Limited. The applicants filed the application challenging the non-decision and non-admission of their financial claims totaling Rs. 17,32,90,305 by the Respondent, the Resolution Professional. The applicants had acquired 6 flats in 2016 from "SB Developers," a partnership firm that was later converted into a company which is now the Corporate Debtor. The Respondent is the Resolution Professional of the Corporate Debtor appointed by the Tribunal.
Mr. Dinesh Chaplot, Mrs. Sneha Chaplot, and Mrs. Anita Chaplot filed an application against the Resolution Professional (RP) of M/S Snehanjali and S.B. Developers Private Limited, challenging the non-admission of their financial claims. The applicants are financial creditors and homebuyers of a housing project called O2. They acquired six flats in 2016 from SB Developers, a partnership firm later converted into a company (the Corporate Debtor). Mr. Dinesh Chaplot was a partner in SB Developers until August 8, 2016, and is related to the other applicants. The applicants executed Agreements for Sale in August 2016 and supplementary agreements later. The supplementary agreements included clauses for penalties if possession was delayed. The possession date was extended to
…Applicants pur…
Agreements for Sale…