(Hybrid Mode) 18.04.2024:

• Heard learned counsel for the Appellant as well as learned counsel appearing for the Respondent. This Appeal has been filed against order passed by the Adjudicating Authority dated 22.12.2023 in I.A. No.827 of

2023. The IA was filed by the Appellant New Okhla Industrial Development Authority seeking declaration that they are Secured Creditors. Further, by the application they have raised objections to the Resolution Plan. The Adjudicating Authority rejected the application by the impugned order.

Appellant challenging the order dated 22.12.2023 has filed this Appeal.

2. When the Appeal was taken, this Tribunal passed following order on 13.02.2024:

• “O R D E R (Hybrid Mode) 13.02.2024: Learned Counsel for the Appellant submits and relies on Judgment of Hon’ble Supreme Court in C.A. No. 7590-91 of 2023, GNIDA Vs Prabhjit Singh Soni & Anr. dated 12.02.2024 in which judgment, Greater NOIDA has been declared as Secured Creditor and hence the impugned order deserves to be set aside.

2. Learned Counsel for the Respondent submits that there is a difference between the facts with regard to case relied by the Appellant and the present case. He seeks time