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M. R. SHAH, B. V. NAGARATHNA
Amit Katyal – Appellant
Versus
Meera Ahuja – Respondent
JUDGMENT :
M.R. SHAH, J.
1. Interlocutory Application No. 105732/2021 (for impleadment) is allowed in terms of the prayer made and they are ordered to be impleaded as respondents in the instant appeal.
1.1 Feeling aggrieved and dissatisfied with the impugned judgment and order dated 09.11.2020 passed by the National Company Law Appellate Tribunal, New Delhi (hereinafter referred to as the ‘NCLAT/Appellate Authority’) in Company Appeal (AT) (Insolvency) No. 1380 of 2019, by which the Appellate Authority has dismissed the said appeal preferred by the appellant herein-Promoter/Majority Shareholder of the Corporate Debtor-Jasmine Buildmart Pvt. Ltd. and has confirmed the order passed by the National Company Law Tribunal, New Delhi (hereinafter referred to as the ‘NCLT/Adjudicating Authority’) in admitting the petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 (for short ‘IBC’) the appellant-Promoter/Majority Shareholder of the Corporate Debtor has preferred the present appeal.
2. That respondent no. 4 herein-Corporate Debtor-Jasmine Buildmart Pvt. Ltd. had come out with a Gurgaon based housing project, namely, Krrish Provence Estate (hereinafter referred to as the ‘Projec
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