IN THE NATIONAL COMPANY LAW TRIBUNAL

NEW DELHI BENCH (COURT – II)

Item No. 205

IB-330/ND/2021

IA- 3245/ND/2024, IA- 28/ND/2024, IA- 3704/ND/2024,

IA- 3730/ND/2024, IA- 3702/ND/2024, IA-4008/ND/2024, IA-4056/ND/2024, IA-4171/ND/2024, IA -4252/ND/2024,

IA- 3022/ND/2024, IA - 4460/ND/2024, IA- 2957/ND/2024, IA -4597/ND/2024, IA -4995/ND/2024, IA- 1459/ND/2023,

IA -5173/ND/2024, IA-5927/ND/2024, IA-6086/ND/2024, IA-6201/ND/2024, IA-6265/ND/2024, IA-6270/ND/2024, IA-1904/ND/2025, IA-1986/ND/2025, IA-1352/ND/2025, IA-2303/ND/2025, IA-4581/ND/2025, IA-4657/ND/2025, IA-4660/ND/2025, IA-4661/ND/2025, IA-4697/ND/2025,

IA-4742/ND/2025, IA-5011/ND/2025, IA-3664/ND/2025, IA-

5052/ND/2025, IA-5451/ND/2025

IN THE MATTER OF:

Bibhuti Bhushan Biswas & Ors … Applicant/Petitioner

Versus

M/s Ansal Properties and Infrastructure … Respondent

Limited

Under Section: 7 of IBC, 2016 Order delivered on 17.11.2025

CORAM:

SH. ASHOK KUMAR BHARDWAJ MS. REENA SINHA PURI HON’BLE MEMBER (J) HON’BLE MEMBER (T)

PRESENT:

For the Applicant : Mr. Abhishek Naik, Ms. Gulafsha Kureshi, Advs.

Adv Awnish Kumar, Adv Sumit Tokas,

Mr. Sahil Yadav, Adv.,

Adv. Sahil Yadav and Adv. Rishabh in

IA 3704/2024. IA 3702/2024, IA 4008/2024,

IA 6086/2024

Adv. Rachit Mittal, Adv. Parish Mishra,

Adv. Kanishk Raj, Adv. Adarsh Srivastava,

Adv. Abhishek Sinha, Adv. Shivansh Bansal, PCS Suraj Sharma, Adv. Samiksha Godiyal,

Adv. Tenzing N. Bhutia, Adv. Govind Manoharan

Adv. Shaunak Kashyap, Adv. Vikram Kalra

In IA-4252/2024, Adv. Simran Malik in

IA-5297/2024, IA-1904/2025 ,

Adv. Rakesh Gupta in IA-6265/2024,

IA-6270/2024, Adv. N. Shyam, Adv. Shirdi,

Adv. Tejas Mishra, Adv. Aishwary Vikram,

Adv. Lucky Sharma, Adv. Navya, Adv. Adhish Srivastava For the Respondent : Adv Rajesh Bhardwaj and Adv Diwaker Goel for R-1 in IA No. 2957/2024, Adv. Manan Batra For Respondent No.3 In IA No. 3245/2024, IA No.3022/2024, For Respondent No.4 In 2957/2024 Adv. Ambuj Tiwari, Adv. Niharika Tanwar for R-16 in IA 3022/2024, Adv. Ambuj Tiwari, Adv. Niharika Tanwar for R-15 in IA 3245/2024, Adv. Ambuj Tiwari, Adv. Niharika Tanwar for R-16 Adv. Mudit Sharma for R-17 in IA-3245/2024, Adv. Nandini Sharma for R-17 in IA-3022/2024, Adv. Abhishek Rathi for-18 in IA-2957/2024 Adv. Sarthak Gupta for R-13 in IA-2957/2024, For R-12 in IA-3022/20214, for R-12 in IA-3245/2024 Adv. Simran Malik for R-8 in IA-2957/2024, for R-7 IA-3022/2024, IA-3245/2024, Adv. Ekta Choudhary, Adv. Ankur Anand for R-8 Adv. Rakesh Gupta for R-18 & 19 in IA-2957/2024, IA-3022/2024, for R-17 & 18 in IA-3245/2024 For the RP : Adv. Abhishek Anand, Adv. Karan Kohli, Adv. Vanshika Dhoot For the Samyak Project : Sr. Adv. Vivek Kohli, Adv. Sandeep Bhraria, Adv. Vaishnavi Prakash, Adv. Vasudha Chadha For the SRA : Adv. Sasmit Patra, Adv. Kunal Godhwani, Adv. Kinjal Chadha Hearing Through: VC and Physical (Hybrid) Mode ORDER Mr. S.N. Thyagarajan, Principal Correspondent of Bar and Bench participated in the proceedings and tendered apology for the report dated 10.11.2025 regarding the present matter viz. Bibhuti Bhushan Biswas & Ors vs. M/s Ansal Properties and Infrastructure Limited. He also undertake that the Bar and Bench will make a publication forthwith, clarifying that the report was not based on correct facts, as on said date the Bench did not retire from the Courtroom abruptly, but could retire as per scheduled time, as due to shortage of Courtroom it could assemble only till 1:00 pm and in the afternoon another Bench viz. Court-IV was to assemble in the same Courtroom. We take the apology on record and we expect that in future before making any report about NCLT proceedings the Bar and Bench will verify the factual position.

IA-28/ND/2024: Mr. S. Patra, Ld. Sr. Counsel on instruction from SRA and his briefing counsel Mr. Kunal G., fairly submitted that the SRA would have no difficulty in bringing in a revised plan, after taking into account such claim of homebuyers which could be duly verified by the Resolution Professional and found acceptable. While considering the revised plan to b