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. 154/Chd/Hry/2020

Under Section 9 of the Insolvency and

Bankruptcy Code, 2016

In the matter of C.P. (IB) No. 154/Chd/Hry/2020

Ms. Kiran Lata Kapur

Since deceased

Through Legal Heir/Son

Mr. Sunil Kapoor

R/o B4/42 Safdarjung Enclave

First Floor, New Dehi- 110029

…Petitioner/Operational Creditor

Vs.

DLF Home Developers Limited

Having its registered office at

1st Floor & 2nd Floor, DLF Gateway Tower

R Block, DLF City, Phase-III

Gurugram, Haryana- 122002

…Respondent/Corporate Debtor

Judgment delivered on: 14 .06.2024

Coram: HON’BLE MR. HARNAM SINGH THAKUR, MEMBER (JUDICIAL)

HON’BLE MR. L.N. GUPTA, MEMBER (TECHNICAL)

Present:

For the Petitioner : Ms. Lashita Dhingra, Advocate

For the Respondent: Mr. Anand Chhibbar, Senior Advocate

Mr. Abhinav Sood, Advocate

Per: Sh. Harnam Singh Thakur, Member (Judicial)

Sh. L. N. Gupta, Member (Technical)

JUDGMENT The instant petition has been filed by Mr. Sunil Kapoor (hereinafter referred to as “Petitioner/Operational Creditor”), legal heir of Ms. Kiran Kapur (he