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2025 Supreme(Online)(NCLT) 4609

NATIONAL COMPANY LAW TRIBUNAL
Shri Rajeev Bhardwaj, J, Shri Sanjay Puri, T
M/s. Catalyst Trusteeship Limited – Appellant
Versus
M/s. Manjeera Retail Holdings Private Limited – Respondent


Advocates:
For the Applicants: Mr. Abhijeet Sinha, Senior Counsel
Mr. VVSN Raju
Mr. Avinash Desai, Senior Counsel
Mr. Pradeep Joy
Mr. Palash Taing
Mr. Abhinay Tiwari
Mr. Saikat Mukherjee
Mr. Rajrishi Ramaswamy
Ms. Gorinka Pratyusha
Ms. Siva Praneetha
Ms. Niharaka Agarwal
For the Respondents: Mr. G. Kalyan Chakravarthy
Mr. VVSN Raju

Table of Content
1. inclusion of liabilities in the information memorandum. (Para 1 , 2 , 3)
2. impact of disputes on the execution of sale deeds. (Para 4 , 5)
3. requirements for compliance with information disclosure. (Para 6 , 7 , 8 , 9)
4. denial of extensions for due diligence does not justify later claims. (Para 10 , 11)
5. commercial wisdom of the committee of creditors. (Para 12 , 13 , 14)
6. authority of the tribunal to ensure compliance and the nature of contempt. (Para 15 , 16 , 17 , 18)
7. dismissal of applications due to lack of merit. (Para 19 , 20)

ORDER

IA (IBC)(Plan)/08/2024

Orders pronounced, recorded vide separate sheets. In the result, the IA (IBC)(Plan)/08/2024 is approved.

IA (IBC)/2067/2024

Orders pronounced, recorded vide separate sheets. In the result, the IA (IBC)/2067/2024 is dismissed.

Intervention Petition (IBC)/07/2025

Orders pronounced, recorded vide separate sheets. In the result, the Intervention Petition (IBC)/07/2025 is not maintainable.

IA (IBC)/492/2025

Orders pronounced, recorded vide separate sheets. In the result, the IA (IBC)/492/2025 is dismissed.

Contempt Petition (IBC)/06/2025

Orders pronounced, recorded vide separate sheets. In the result, the Contempt Pe

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