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2025 Supreme(Online)(NCLT) 26

NATIONAL COMPANY LAW TRIBUNAL
Ms. Reeta Kohli, Ms. Madhu Sinha, JJ
Aegis Resolution Services Private Limited – Appellant
Versus
Slum Rehabilitation Authority (SRA) – Respondent


Advocates:
For the Petitioner:INDRANIL DESHMUKH

ORDER

Per: Reeta Kohli, Member (Judicial)

1. The present application has been preferred by the RP of Radius and Deserve Land Developers Private Limited against the Slum Rehabilitation Authority (SRA) and Mumbai Metropolitan Region Development Authority (MMRDA) with the following prayers:

a. Declare that the ownership and possession of the property of the Corporate Debtor cannot behanded over by the Applicant to the Respondent during CIRP of the Corporate Debtor on account of the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code, 2016 .

b. Direct the Respondents to provide the information and document(s), as sought for in the letter dated February 16, 2024 issued by the Applicant.

2. The case of the Applicant/RP is that the Respondents i.e. Slum Rehabilitation Authority and MMRDA have initiated steps for acquisition of the land for construction of four-lane tunnel road connecting Thane to Borivali and it is pursuant to the same, the Respondent No. 1 i.e. SRA (Slum Rehabilitation Authority) vide letter dated 08.02.2024 informed the Corporate Debtor that land bearing Survey Nos. 264 and 269 of the Project Property owned by Corporate Debtor are required to be hande

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