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NATIONAL COMPANY LAW TRIBUNAL
Smt. Lakshmi Gurung, Member (Judicial), Shri Hariharan Neelakanta Iyer, Member (Technical)
Xanadu Realty Limited – Appellant
Versus
T Bhimjyani Realty Private Limited – Respondent
| Table of Content |
|---|
| 1. factual basis for the corporate insolvency resolution process (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8) |
| 2. parties’ arguments on the existence of dispute (Para 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 19 , 20 , 21 , 22 , 23 , 24) |
| 3. context of previous agreements and their relevance (Para 18) |
| 4. detailed examination of exchange of communications (Para 25) |
| 5. court's analysis of the evidence provided (Para 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33) |
| 6. considerations of contractual disputes (Para 34 , 35 , 36 , 37 , 38) |
| 7. operational creditor's rebuttals to corporate debtor's claims (Para 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47 , 48 , 49) |
| 8. framing of disputes under respective agreements (Para 50 , 51 , 52 , 53 , 54 , 55 , 56) |
| 9. highlights of reconciliation attempts (Para 57 , 58 , 59 , 60) |
| 10. court's stance on dispute resolution obligations (Para 61 , 62 , 63 , 64 , 65 , 66) |
| 11. rejection of the application based on existing disputes (Para 67 , 68 , 69) |
| 12. conclusion of the tribunal's findings (Para 70 , 71) |
Per: Ms. Lakshmi Gurung, Member (Judicial)
1. This Petition has been filed by Xanadu Realty Limited (‘Operational Creditor’) against T Bhimjyani Realty Private Limited (
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