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NATIONAL COMPANY LAW APPELLATE TRIBUNAL
Sharad Kumar Sharma, J
Sharon Hills Residents Association – Appellant
Versus
K. Parameswaran Nair – Respondent
| Table of Content |
|---|
| 1. home buyers' claims against corporate debtor. (Para 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10) |
| 2. involvement of resolution professional and initiation of cirp. (Para 11 , 12 , 13) |
| 3. rejection of home buyers' resolution plans. (Para 14 , 15 , 16) |
| 4. appeal process regarding impugned orders. (Para 18 , 20 , 21 , 22) |
| 5. claims by home buyers in cirp. (Para 23 , 24 , 25) |
| 6. request for extension of time for completion of cirp. (Para 26 , 27 , 28) |
| 7. arguments regarding extension beyond statutory limits. (Para 40 , 41 , 42) |
| 8. principle on extending time beyond 330 days. (Para 45 , 46) |
| 9. implication of past judgments on cirp processes. (Para 47 , 48) |
| 10. conclusion and quashing of prior judgments. (Para 49) |
JUDGMENT
(Hybrid Mode)
Justice Sharad Kumar Sharma, Member (Judicial):
These are four Company Appeals Viz. Comp. App (AT) (CH) (INS)No.192 / 2023, Comp. App (AT) (CH) (INS) No.214 / 2023, Comp. App (AT) (CH) (INS) No.215 / 2023 & Comp. App (AT) (CH) (INS) No.212 / 2023, which have been respectively preferred by the Appellants, being aggrieved, against the respective Judgments, passed by the `Adjudicating Authority’, thereby rejecting their Application, as preferred under Section 12 o
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