JUDGMENT

(Hybrid Mode) 13.11.2024:

Oral Judgment: Justice Sharad Kumar Sharma, Member (Judicial):

These are a bunch of five Company Appeals which are factually interrelated to one another. Hence, for the purposes of brevity, they are being decided together.

1. In Company Appeal (AT) (CH) (Ins) No.378/2024, the Appellants Mr. S. Sankaranarayanan and 32 Ors., 33 Homebuyers in total challenge the impugned order dated 13.09.2024 as it was rendered in IA/569/2022, as preferred in IA No.570/2022 in Company Petition (IB) No.167/BB/2018. The consequential effect of the Impugned Order under challenge is that the Application in IA No.569/2022 submitted by the Resolution Professional (RP) for condonation of delay of 352 days in filing the Application being IA No.570/2022 for approval of the Resolution Plan, was rejected, and consequentially the Resolution Plan too was rejected on the grounds of limitation.

2. In Company Appeal (AT) (CH) (Ins) No.384/2024, The Appellant being the Resolution Professional of the Corporate Debtor M/s. Sovereign Developers Infrastructure Pvt. Ltd. puts a challenge to the order dated 13.09.2024, as it was rendered by the National Company Law Tribunal in IA No.569/2022 p