# In the matter of Sunblink Real Estate Pvt. Ltd.

> NCLT judgment dated 2026-04-07. Citation: TCN-2026-NCLT-00393. The Interlocutory Application was filed by M/s Jyot Fashions Private Limited, M/s Exotica…

- **Court:** NCLT
- **Order date:** 7 Apr 2026
- **Citation:** TCN-2026-NCLT-00393
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclt-mumbai/sunblink-real-estate-pvt-ltd-1e42dcc6

## Summary

### Background

The Interlocutory Application was filed by M/s Jyot Fashions Private Limited, M/s Exotica Realtors Private Limited & M/s Money Anchor Financial Services seeking disclosure of the status of their interests in the Resolution Plan of the Corporate Debtor, in relation to their tenancy rights.

## Facts

M/s Jyot Fashions Private Limited, M/s Exotica Realtors Private Limited & M/s Money Anchor Financial Services filed an Interlocutory Application.

The application was filed in Company Petition (IB) No. 577 of 2024 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016.

The Applicants seek disclosure of the status of their interests in the Resolution Plan of the Corporate Debtor, specifically regarding their tenancy rights.

The Corporate Debtor is Sunblink Real Estate Pvt. Ltd.

Truvisory Insolvency Professionals Pvt. Ltd. is the Resolution Professional of the Corporate Debtor.

The Applicants claim to be rightful tenants on the subject property.

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## Issues and analysis

### Issue 1: Whether the Applicants, as tenants, are entitled to disclosure of information regarding the …

**Ratio:** The Applicants are stakeholders other than financial creditors or suspended board members

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**Reasoning:** The Applicants are seeking protection of their tenancy rights in the property, wherein

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**Interpretation:** Section 24(3) of IBC requires the resolution professional to issue notice of

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**Application:** The Resolution Professional is directed to ensure that the tenancy rights, if

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## Parties

- **Judges:** SH. PRABHAT…; SH. SUSHIL…
- **Appellants:** M/S JYOT FASHIONS…; M/s Jyot Fashions…; +2 more
- **Respondents:** SUBLINK REAL…; TRUVISORY…
- **Other parties:** PIRAMAL CAPITAL &…; Truvisory…
- **Advocates:** Mily Gh…; Sophia Hu…; +1 more

## Timeline

- **2025-01-22 — Order Da…**: Tribunal passed an order initiating…
- **2025-07-14 — Email from Ap…**: Applicants informed the Respondent of their status in relation to the property and the…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 60(5) — Adjudicating Authority for corporate persons](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-60)

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