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2025 Supreme(Online)(NCLT) 2870

NATIONAL COMPANY LAW TRIBUNAL
SANGITA NARULA – Appellant
Versus
RAVI KUMAR JAIN – Respondent


Advocates:
For the Petitioner:MUKESH KAUSHIK
For the Respondent:Karan kaushal

Table of Content
1. petition filed under section 95 of ibc. (Para 1 , 2 , 3 , 5)
2. objections regarding sfspl's claims are presented. (Para 6 , 7 , 8)
3. application details and background on the property. (Para 9 , 10 , 11)
4. personal guarantor's arguments against ubi's actions. (Para 12 , 13 , 14 , 15)
5. court's analysis of the application and decisions. (Para 18 , 19 , 20 , 21 , 22 , 23)
6. final judgment and dismissal of the petition. (Para 24 , 25)

THE NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH BENCH, Court-I, CHANDIGARH (Exercising powers of Adjudicating Authority under the Insolvency and Bankruptcy Code, 2016)

(through web-based video conferencing platform)

CP (IB) No. 178/Chd/Hry/2021 and I.A. No. 2026/2024 & I.A. No. 2027/2024 Under Section 95 of the Insolvency and Bankruptcy Code, 2016 and Rule 11 of NCLT Rules, 2016 In the matter of C.P.(IB) No.178/Chd/Hry/2021:

Siemens Financial Services Private Limited Having its registered office at:

Plot No.2, Sector No.2, Khargar Node, Navi Mumbai 410210 …Petitioner Vs.

Ravi Kumar Jain M/s RCC Infraventures Ltd. 14, Ground Floor Vipul Agora M.G. Road, Sector -28, Gurgaon, Haryana - 122002 …Guarantor Also at:

GV-02, The Palm Springs, Golf Course

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