Beacon Trusteeship Limited (Financial Creditor) filed a Section 7 IBC petition against Vatika IT Parks Private Limited (Corporate Debtor) for a default of Rs. 233,75,19,372 on Optionally Convertible Debentures (OCDs). The Corporate Debtor filed an application under Section 8 of the Arbitration and Conciliation Act, 199
Punjab National Bank (PNB), a financial creditor, filed a petition under Section 7 of the IBC, 2016, to initiate Corporate Insolvency Resolution Process (CIRP) against M/s SVOGL Oil Gas and Energy Limited (Corporate Debtor). The Corporate Debtor was previously undergoing winding-up proceedings initiated by another fina
Centerpiece Business Solutions Pvt. Ltd., incorporated on 06.04.2021, engaged in BPO and IT-enabled services. Due to non-availability of further business prospects and financial non-viability, its Board of Directors decided on 15.10.2025 to initiate voluntary liquidation under Section 59 of the IBC. A special resolutio
Punjab National Bank (PNB), a financial creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s SVOGL Oil Gas and Energy Limited (Corporate Debtor/CD). The CD was already undergoing winding-up proceedings initiated by another financial creditor, Citicorp International Li
Punjab National Bank (PNB), a Financial Creditor, filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) against M/s SVOGL Oil Gas and Energy Limited (Corporate Debtor/CD). The CD was already undergoing winding-up proceedings initiated by another Financial Creditor, Citicorp International Li
Centerpiece Business Solutions Private Limited, incorporated on 06.04.2021, engaged in business process outsourcing and IT-enabled services. Due to non-availability of further business prospects and financial non-viability, the Board of Directors decided on 15.10.2025 to initiate voluntary liquidation under Section 59
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 Pro
The Applicant, GAGANDEEP KAUR, filed an application (I.A. 179 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, which was resolved to be put up f
The Corporate Insolvency Resolution Process (CIRP) for Spaze Towers Private Limited was initiated on 21.10.2024. The applicants, 20 homebuyers/allottees of the "Spaze Arrow" project, filed an application seeking to exclude alleged "Proxy Claimants" from the Committee of Creditors (CoC), obtain account statements from t
Eleven allottees/homebuyers (Applicants) filed an application under Section 60(5) of the IBC, 2016, seeking directions to the Resolution Professional (RP) to hand over possession of their units in the 'Privvy The Address' project, execute Conveyance Deeds, and adjust/waive various disputed demands. These demands includ
VIA Projects Private Limited (Applicant) filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, against Mr. Narendra Kumar Sharma, the Resolution Professional (RP) of Spaze Towers Pvt. Ltd. (Corporate Debtor). The Applicant sought directions for the RP to retrieve complete financial recor
The Applicants filed I.A. No. 4728/2025 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. The application sought various reliefs, including directions to the Resolution Professional to furnish information and clarifications, deferral of consideration and voting
Jyoti Ahuja (Applicant) filed an application (I.A. 6056 ND 2025) 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, which was to be put up for approval bef
The Applicants filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking to declare the Committee of Creditors (CoC) voting process null and void, remove the Resolution Professional (RP), appoint a new RP, investigate alleged misconduct, and initiate a fresh voting process. The prima
The Applicants filed two interlocutory applications: I.A. No. 2604 ND 2026 to amend their prayer clauses by incorporating specific case number references, and I.A. No. 2343 ND 2026 to substitute the name of a consortium member, AKB Ventures Private Limited, with AKB Ventures LLP, in the Memo of Parties. This substituti
The Applicants (Jyoti Rawal & Ors.) filed I.A. 3135 ND 2026 under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, seeking multiple reliefs. These reliefs included directing a fresh forensic audit of the Corporate Debtor (Spaze Towers Pvt. Ltd.), setting aside or rejecting the Resolution Plan due to the erstw
The Applicants, who are homebuyers of the 'Spaze Arrow' project of Spaze Towers Private Limited (Corporate Debtor), filed an application under Sections 21 and 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. They sought several reliefs including the appointment of a project-
The Applicant, SHRAVAN BHATIA HUF, filed an application (I.A. 6209 ND 2025) under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. The application sought to record objections to a resolution plan for Spaze Towers Private Limited, reject the said plan, and direct the
Dr. Sudip Saran, a financial creditor and allottee of Spaze Towers Pvt. Ltd. (Corporate Debtor), filed an application seeking various reliefs including the removal of the Resolution Professional (RP) and Authorised Representative (AR), initiation of disciplinary proceedings, issuance of a fresh Form G, invitation of fr
The Applicants filed an application under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 of the NCLT Rules, 2016. They sought to place on record their objections to a Resolution Plan for Spaze Towers Private Limited, to reject the said plan, and to direct the Resolution Professional to inv
