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2026 Supreme(Online)(NCLT) 1118

NATIONAL COMPANY LAW TRIBUNAL
Brajendra Mani Tripathi, J, Man Mohan Gupta, T
Indu Sureka & Anr – Appellant
Versus
Chaya Gupta & Ors – Respondent


Advocates:
For the Applicants: Mr. Shantnu Chourasia, Adv
For the Respondents: Mr. Keshav Khandelwal, Adv, Mr. Arvind Yadav, Adv

Table of Content
1. application under ibc concerning resolution plan approval. (Para 1 , 2)
2. claims made by homebuyers and complications resulting from personal circumstances. (Para 3 , 4)

O R D E R

1. The present Application, filed dated 12.05.2025, under Section 60 (5) of the Insolvency and Bankruptcy Code 2016 read with Rule 11 of the National Company Law Tribunal Rules 2016, by Indu Sureka and Anuj Sureka, Homebuyer (the Applicants') against Ms. Chaya Gupta (the 'Respondent No 1) Resolution Professional (RP) of M/s JSM Devcons Private Limited (the Corporate Debtor), Monitoring Committee (Respondent No. 2), M/s Devvrat Developers Private Limited (the 'Successful Resolution Applicant') and JSM Devcon Private Limited (Respondent No. 4) for seeking directions as given below.

a) Allow the present application;

b) To recall and set aside order dated 05.04.2024; and/or c) To maintain status quo or to stay sale of the unit till final adjudication of present case; and/or d) To direct for registry of the Unit in name of Applicant; and/or e) To stay implementation of resolution plan; and/or f) To invite fresh plans or initiate liquidation of Corporate Debtors; and/or g) Any other further or a

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