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NATIONAL COMPANY LAW TRIBUNAL
HARNAM SINGH THAKUR, SHISHIR AGARWAL, JJ
Jasrati Education Solutions Limited – Appellant
Versus
M/S OSN INFRASTRUCTURE & PROJECTS PRIVATE LIMITED – Respondent
| Table of Content |
|---|
| 1. corporate debtor seeks execution of sale deed. (Para 1 , 4) |
| 2. respondent highlights ongoing investigations impacting execution. (Para 5 , 10) |
| 3. power of attorney is valid; statutory immunity protects sra's actions. (Para 19 , 20 , 25) |
ORDER
The present application has been filed by Jasrati Education Solutions Limited (“Applicant”) (formerly known as Educomp Infrastructure & School Management Limited) i.e. the “Corporate Debtor” which is now under the control of the Mr. Paramjit Gandhi, the Successful Resolution Applicant (“SRA”) in terms of the Resolution Plan approved by this tribunal vide order dated 14.12.2020. By this Application, the Applicant is seeking directions against the Respondents for registration of sale deed / transfer deed in respect of agricultural land comprised of various Khasras situated at Village Pata, Tehsil Ramgarh, District Alwar, Rajasthan, (“Subject Land”).
2. The Applicant has impleaded following as Respondents in the present application:
(i) Respondent No.1 - OSN Infrastructure & Projects Pvt. Ltd. – a company which acquired the Subject Land from certain sellers. It was stated that the Respondent No.1 had paid entire consideration pursuan
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