Goverdhan Das Bhaiya vs Pratap Mukherjee Resolution Professional

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2026 Supreme(Online)(NCLT) 473

NATIONAL COMPANY LAW TRIBUNAL
Labh Singh, Judicial Member, Rekha Kantilal Shah, Technical Member
Goverdhan Das Bhaiya – Appellant
Versus
Pratap Mukherjee Resolution Professional – Respondent

Advocates:
For the Appellants/Petitioners: Mr. Shaunak Mitra, Adv., Ms. Vedika Sureka, Adv., Mr. Pratap Mukherjee, RP.
For the Respondents: Ms. Manju Bhuteria, Sr. Adv.

Table of Content
1. rp seeks approval of sra's resolution plan. (Para 1 , 2 , 3 , 4)
2. coc constituted solely of operational creditors. (Para 5 , 6)
3. cirp compliances including eoi and rfrp completed. (Para 7 , 8 , 9 , 10 , 11)
4. sra plan approved by coc with 99.99% vote. (Para 12 , 13 , 14 , 15)
5. resolution plan complies with ibc provisions. (Para 16 , 17 , 18 , 19 , 20 , 21 , 22)
6. plan offers minimal payout with cirp priority. (Para 23 , 24 , 25 , 26 , 27 , 28)
7. sra commits to plan implementation. (Para 29 , 30)
8. no preferential/avoidance transactions identified. (Para 31 , 40)
9. court verifies coc approval and valuations. (Para 32 , 33 , 34 , 35)
10. plan viable despite land disputes. (Para 36 , 37 , 38)
11. sra eligible; plan ibc compliant. (Para 41 , 42 , 43)
12. statutory approvals by respective authorities. (Para 44 , 45 , 46)
13. nclt jurisdiction limited to ibc matters. (Para 47 , 48)
14. unclaimed claims extinguished post-approval. (Para 49 , 50 , 51)
15. personal guarantors' liability unaffected. (Para 52 , 53 , 54)
16. section 32a protects new management. (Para 55 , 56)
17. resolution plan approved with conditions. (Para 57)
18. ia dismissed; proceedings disposed. (Para 58 ,