NATIONAL COMPANY LAW TRIBUNAL,

MUMBAI BENCH COURT III

Item No. 105

I.A. 2302/2020 I.A. 5278/2024

I.A.(Plan) 9/2025

IA (I.B.C)/3597 (MB)2025

In

C.P. (IB)/3119(MB)2018

CORAM: MS. LAKSHMI GURUNG, MEMBER (J)

SH. HARIHARAN NEELAKANTA IYER, MEMBER (T) ORDER SHEET OF THE HEARING ON 11.08.2025

(HEARING THROUGH: HYBRID MODE)

NAME OF THE PARTIES: India Asset Growth Fund Through Esssel Finance

Advisors & Managers LLP & Anr

VS

Rashmi Housing Pvt Ltd

Appearance

For Applicant : Adv. Akshita Vakharia i/b Adv. Dharmesh Joshi in

I.A.2302/2020, Adv. Nihal Lakhan a/w Adv. Omkar Kanegaonkar i/b Adv. Nihal Lakhan in I.A. 3597/2025, Adv Malavika Sachin i/b Indialaw LLP for

in IA 5278 of 2024

For Respondent : Adv. Amir Arsiwala a/w Adv. Aaditya Thakur for R-2

&3 in I.A. 5728, Adv. Vaishanavi Dhure R-6 & 9 in

I.A. 5728/2024

SECTION 9 OF THE IBC, 2016

__________________________________________________________________________

ORDER

I.A. 2302/2020

1. This Application has been filed by Pantnagar Sneh Deep Co-operative

Housing Society Ltd, seeking following prayers:

a. That till disposal of Arbitration Proceedings between the Applicant and Respondent, the Resolution Professional should not include Applicant’s Property either in the Reso