The Applicant, Rajinder Kaur, filed I.A. 168 ND 2026 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. The application sought to place on record objections to a Resolution Plan for Spaze Towers Private Limited, reject the said plan, and direct the Resolution Professional to invite fresh bids for a compliant Resolution Plan. The Resolution Plan in question was resolved to be put up for approval before the Committee of Creditors in their 14th Meeting held on 17.11.2025 & 18.11.2025.
The present Application (I.A. 168 ND 2026) was filed by the Applicant under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016.
The Applicant sought to take on record objections to the Resolution Plan for Spaze Towers Private Limited.
The Applicant sought an order rejecting the Resolution Plan for Spaze Towers Private Limited.
The Applicant sought an order directing the Resolution Professional to invite fresh bids for a Resolution Plan that satisfies the parameters set out by the IBC, 2016, and associated regulations/guidelines.
The Resolution Plan was resolved to be put up for approval before the Committee of Creditors in their 14th Meeting held on 17.11.2025 & 18.11.2025.
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14th Meeting of the Committee of Creditors…
14th Meeting of the Committee of Creditors…
The Applicant, Rajinder Kaur, filed I.A. 168 ND 2026 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. The application sought to place on record objections to a Resolution Plan for Spaze Towers Private Limited, reject the said plan, and direct the Resolution Professional to invite fresh bids for a compliant Resolution Plan. The Resolution Plan in question was resolved to be put up for approval before the Committee of Creditors in their 14th Meeting held on 17.11.2025 & 18.11.2025.
The present Application (I.A. 168 ND 2026) was filed by the Applicant under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the National Company Law Tribunal Rules, 2016.
The Applicant sought to take on record objections to the Resolution Plan for Spaze Towers Private Limited.
The Applicant sought an order rejecting the Resolution Plan for Spaze Towers Private Limited.
The Applicant sought an order directing the Resolution Professional to invite fresh bids for a Resolution Plan that satisfies the parameters set out by the IBC, 2016, and associated regulations/guidelines.
The Resolution Plan was resolved to be put up for approval before the Committee of Creditors in their 14th Meeting held on 17.11.2025 & 18.11.2025.
…14th Meeting of the Committee of Creditors…
14th Meeting of the Committee of Creditors…