The appeal was filed by the Monitoring Committee of Earth Towne Project, Earth Infrastructures Limited, challenging an Impugned Order dated 01.06.2026 passed by the National Company Law Tribunal (NCLT), New Delhi. This order admitted a Section 7 petition under the Insolvency and Bankruptcy Code, 2016 (IBC) against Earth Towne Infrastructure Private Limited (ETIPL) and initiated its Corporate Insolvency Resolution Process (CIRP). ETIPL is the land-owning Special Purpose Company for the 'Earth Towne' project. Crucially, the Hon'ble Supreme Court had, on 05.05.2026, restored the Resolution Plan of Earth Infrastructures Limited (EIL) for the same project, lifting the corporate veil between EIL and ETIPL and treating ETIPL as a 'front' for EIL. The appellant argued that the
…The present appeal is filed by the Monitoring Committee of Earth Towne Project, Earth Infrastructures Limited, under Section 61 of the IBC, 2016.
The appeal challenges an Impugned Order dated 01.06.2026 passed by the NCLT, New Delhi, which admitted a Section 7 petition against Earth Towne Infrastructure Private Limited (ETIPL) and initiated CIRP.
ETIPL is the land-owning Special Purpose Company for the 'Earth Towne' project.
The Hon'ble Supreme Court, by its judgment dated 05.05.2026, restored the Resolution Plan of Earth Infrastructures Limited (EIL) for the 'Earth Towne' project.
The Supreme Court lifted the corporate veil between EIL and ETIPL, finding ETIPL to be a 'front' for EIL.
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GNIDA allotted Plot No. GH-04, Sector-01,…
Earth Towne Infrastructure Private Limited…
The appeal was filed by the Monitoring Committee of Earth Towne Project, Earth Infrastructures Limited, challenging an Impugned Order dated 01.06.2026 passed by the National Company Law Tribunal (NCLT), New Delhi. This order admitted a Section 7 petition under the Insolvency and Bankruptcy Code, 2016 (IBC) against Earth Towne Infrastructure Private Limited (ETIPL) and initiated its Corporate Insolvency Resolution Process (CIRP). ETIPL is the land-owning Special Purpose Company for the 'Earth Towne' project. Crucially, the Hon'ble Supreme Court had, on 05.05.2026, restored the Resolution Plan of Earth Infrastructures Limited (EIL) for the same project, lifting the corporate veil between EIL and ETIPL and treating ETIPL as a 'front' for EIL. The appellant argued that the
…The present appeal is filed by the Monitoring Committee of Earth Towne Project, Earth Infrastructures Limited, under Section 61 of the IBC, 2016.
The appeal challenges an Impugned Order dated 01.06.2026 passed by the NCLT, New Delhi, which admitted a Section 7 petition against Earth Towne Infrastructure Private Limited (ETIPL) and initiated CIRP.
ETIPL is the land-owning Special Purpose Company for the 'Earth Towne' project.
The Hon'ble Supreme Court, by its judgment dated 05.05.2026, restored the Resolution Plan of Earth Infrastructures Limited (EIL) for the 'Earth Towne' project.
The Supreme Court lifted the corporate veil between EIL and ETIPL, finding ETIPL to be a 'front' for EIL.
…GNIDA allotted Plot No. GH-04, Sector-01,…
Earth Towne Infrastructure Private Limited…