O R D E R

1. This Application has been filed under Section 60(5) of the Insolvency and Bankruptcy Code, 2016, read with Rule 11 and 32 of the NCLT Rules, 2016, seeking the following reliefs: -

a) Declare that the property belonging to the Applicants having an extent of 112.5 cents equivalent to 45.1 Ares of property in Survey No. 1704, 1704/1, 1705, 1705/1, 1705/3, 1705/4, 1705/5 of Mancaud Village along with a three storied building having a total area of 32185 Sq. Ft. and its improvements are not and cannot be part of the CIRP Process initiated against the 1st Respondent vide order dated 27.09.2024 in CP(IBC)/22/KOB/2024.

b) Direct the Interim Resolution Professional to handover vacant possession of property belonging to the Applicants having an extent of 112.5 cents equivalent to 45.1 Ares of property in Survey No. 1704, 1704/1, 1705, 1705/1, 1705/3, 1705/4, 1705/5 of Mancaud Village along with a three storied building having a total area of 32185 Sq.Ft. and its improvements

c) Pass such further or other orders as this Hon'ble Tribunal may deem fit and proper in the light of justice, equity and good conscience.

Brief facts of the case are as follows: -

2. The 1^st Applicant is a religi