The case involves a dispute over the possession of a residential apartment in the IREO Rise (Gardenia) project developed by Puma Realtors Private Limited (Corporate Debtor). The Appellants, Amit Nehra & Anr., booked an apartment in 2010 and paid a substantial portion of the consideration. The Corporate Debtor failed to deliver possession as per the agreement.
Amit Nehra & Anr. booked an apartment in the IREO Rise (Gardenia) project in 2010.
The Appellants executed an Apartment Buyer's Agreement with Puma Realtors Private Limited on 27.05.2011.
The Appellants paid Rs. 57,56,684/- out of the total consideration of Rs. 60,06,368/-.
The Corporate Debtor failed to deliver possession of the apartment by the agreed date of 27.11.2013.
The NCLT admitted an application under Section 7 of the IBC against the Corporate Debtor on 17.10.2018.
The Interim Resolution Professional issued a public announcement on 22.10.2018 calling upon all creditors to submit their claims.
The Appellants submitted their claim on 11.01.2019 at the project office and resubmitted it via email on 07.02.2020.
…Sign in to view the parties.
Appellants booked an…
Appellants executed an…
The case involves a dispute over the possession of a residential apartment in the IREO Rise (Gardenia) project developed by Puma Realtors Private Limited (Corporate Debtor). The Appellants, Amit Nehra & Anr., booked an apartment in 2010 and paid a substantial portion of the consideration. The Corporate Debtor failed to deliver possession as per the agreement.
Amit Nehra & Anr. booked an apartment in the IREO Rise (Gardenia) project in 2010.
The Appellants executed an Apartment Buyer's Agreement with Puma Realtors Private Limited on 27.05.2011.
The Appellants paid Rs. 57,56,684/- out of the total consideration of Rs. 60,06,368/-.
The Corporate Debtor failed to deliver possession of the apartment by the agreed date of 27.11.2013.
The NCLT admitted an application under Section 7 of the IBC against the Corporate Debtor on 17.10.2018.
The Interim Resolution Professional issued a public announcement on 22.10.2018 calling upon all creditors to submit their claims.
The Appellants submitted their claim on 11.01.2019 at the project office and resubmitted it via email on 07.02.2020.
…Appellants booked an…
Appellants executed an…