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2025 Supreme(Online)(NCLT) 6217

NATIONAL COMPANY LAW TRIBUNAL
Mr Praveen Gupta, Member (Judicial), Mr Ashish Verma, Member (Technical)
Mr Mukesh Kumar Goel and Others – Appellant
Versus
Mr Kunwarpreet Singh, Resolution Professional Raghupati Constructions Private Limited – Respondent


Advocates:
For the Applicants: Sh. Nilotpal Shyam, Ms. Babita Jain, Ms. Shivali, Ms. Tejas Mishra
For the Respondents: Sh. Sunil Fernandes, Sh. Dinkar Singh

ORDER

1. This present Application has been filed on 30.01.2024, by Mr. Mukesh Kumar Goel and Others (“Applicants”) against the Resolution Professional (“Respondent/RP”) of M/s Raghupati Construction Private Limited (“Corporate Debtor”) under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 (“Code”) read with Rule 11 of the National Company Law Tribunal Rules, 2016, seeking, inter alia, the following reliefs:

a. To allow the present Application;

b. To direct the Respondent–Resolution Professional to admit the claims of the Applicants as Financial Creditors and induct them into the Committee of Creditors (CoC) of the Corporate Debtor;

c. To stay further CoC meetings till the disposal of the present Application and allow the Applicants to be part of the CoC; and

d. To pass any such further order(s) as this Hon’ble Tribunal may deem fit and proper.

2. The Applicants submit that the Corporate Debtor, Raghupati Construction Private Limited (formerly M/s Kalindi Construction Company Private Limited), was incorporated on 25.01.2005 and had purchased land measuring 2.0450 hectares situated at Village Roshanpur Dorli, Meerut during the period 2005–2006. On 03.06.2011, the Corporate Debt

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