Order in an Application Admitted under Section 7 of the IBC. Dismissal confirmed for home buyers based on Supreme Court direction. Conjunct matters disposed of with liberty granted.
CP No. (IB)-303/2019 dismissed; Liberty granted in terms of SC judgment.
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NATIONAL COMPANY LAW TRIBUNAL c i n g p t a ttu r m) ( t h r o u g h,, o - u I lI.:, ;,":);i "
Item No.07 CP No. (IB)-303/7 I JPRl20r9 Under Section 7 of [BC, 2016
In the matter of:
Shri Shailendra Bhandari
...Financial Creditor
Versus
Royal Buildsquare Pvt. Ltd.
... Corporate Debtor
CoTam: HON,BLE MR. AJAY KUMAR VATSAVAYI, JUDICIAL MEMBER HON'BLE MR. RAGHU NAYYAR, TECHNICAL MEMBER
Present Through Video Conferencing: -
For the Financial Creditor : Nikhil Yadav, Adv.
For the Corporate Debtor : Ankit Sareen, Adv.
ORDER
This matter pertains to home buyers and is covered by thejudgment of the
Hon'ble Supreme Court in Manish Kumar Vs. Union of India (UOD and Ors.
Writ Petition (C) No. 2612020 dated 19.01.2021. In the circumstances, the CP
is dismissed. Liberty is granted in terms of the said judgment. Hence, CP No. (IB)- 30317lJPN20l9 is disposed of.
S"l .
(Raghu Nayyar) Technical Member
9a-
(Ajay Kumar Vatsavayi) Judicial Member
July 15,2021
Shailendra Bhandari
Royal Buildsquare Pvt. Ltd.
Ajay Kumar Vatsavayi
Raghu Nayyar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
