NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, J, Man Mohan Gupta, T
Akhilesh Tiwari & Shrota Tiwari – Appellant
Versus
Chhaya Gupta RP of JSM Devcons Pvt Ltd – Respondent
| Table of Content |
|---|
| 1. application for claims from homebuyers post-approval. (Para 1 , 2 , 5) |
| 2. claims must be timely to ensure resolution integrity. (Para 10 , 19 , 20) |
| 3. resolution plan finality prevents claims revival. (Para 39 , 41) |
O R D E R
1. The present Application, filed dated04.11.2024, under Section 60 (5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules 2016, byAkhilesh Tiwari & Shrota Tiwari (the ‘Applicant s ’), against Ms. Chaya Gupta (the ‘ Respondent No 1 ’ Resolution Professional (RP) of M/s JSM Devcons Private Limited (the ‘ Corporate Debtor ’) and against M/s Devvrat Developers Private Limited (the ‘ Successful Resolution Applicant ’), for seeking directions as given below:
a) To allow the present Application, b) To direct the RP/Respondent No 1 to submit/share the Information Memorandum with the Applicant, c) To recall the Order dated 05.04.2024 passed by this Adjudicating Authority in light of the Hon'ble Supreme Court's judgment after recalling the order to direct the RP/Respondent No 1 and/or the SRA/Respondent No. 2 to consider and admit the claim of the applicant and deliver the Date of Order: 30.01.2026 pos





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