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2025 Supreme(Online)(NCLT) 4848

NATIONAL COMPANY LAW TRIBUNAL
MS. LAKSHMI GURUNG, J, SH. HARIHARAN NEELAKANTA IYER, T
Ultratech Cement Ltd – Appellant
Versus
Schema Enterprises Pvt Ltd – Respondent


Advocates:
For the Appellants/Petitioners: Adv. Utsav Kumar
For the Respondents: Adv. Yahya Batatawala

NATIONAL COMPANY LAW TRIBUNAL,

MUMBAI BENCH COURT III

Item No.9

Appeal (IBC)/24(MB)/2025

Appeal (IBC)/23(MB)2025

In

C.P. (IB)/3442(MB)/2019

CORAM: MS. LAKSHMI GURUNG, MEMBER (J)

SH. HARIHARAN NEELAKANTA IYER, MEMBER (T) ORDER SHEET OF THE HEARING ON 20.08.2025

(HEARING THROUGH: HYBRID MODE)

NAME OF THE PARTIES: Ultratech Cement Ltd

Vs.

Schema Enterprises Pvt Ltd

Appearance

For appellant : Adv. Utsav Kumar

For Respondent : Adv. Yahya Batatawala

SECTION 9 OF THE IBC, 2016

__________________________________________________________________________

ORDER

Appeal (IBC)/24(MB)/2025

1. This application has been filed by one of the Home Buyers seeking following

prayers:

of the sale consideration for Office no. 104 and Flat no. 1601 and

to execute the sale deed in favour of the appellants;

c. to direct the liquidator to hand over peaceful vacant possession of the aforesaid units/assets to the appellants post execution of the sale deed;

d. for such other order/(s) as may deem fit and necessary in the interest of justice.

2. During the course of the hearing. Ld. Counsel for the applicant admits that there are typographical errors in the prayer and seeks permission to withdraw the present appeal with the liberty to file

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