Tribunals and CommissionsDivision Bench(2023) 03 NCLAT CK 0021

Rajeev Behl vs Universal Buildwell Pvt. Ltd

National Company Law Appellate Tribunal · Decided on 14 March 2023

HON’BLE JUDGES
Ashok Bhushan, Chairperson · Barun Mitra, Member (T)
RESULT
Dismissed
CASE NUMBER
Company Appeal (AT) (Insolvency) No.171 Of 2023

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Judgment

10 paragraphs · 391 words
1.

Heard learned counsel for the Appellant as well as learned counsel appearing for the Respondent. This Appeal has been filed against order  dated  15.12.2022  passed  by  the  Adjudicating  Authority  (National Company Law Tribunal), New Delhi Bench (Court-II) in I.A. No. 1729/2021. The I.A. No. 1729/2021 was filed by the Appellant making following prayers:

“PRAYER

In the facts and circumstances stated above, the Applicant above named most respectfully prays that this Hon'ble Tribunal may be pleased to:

a) Pass an order directing the Resolution Professional to admit the Applicant's claim amounting to Rs.1,24,00,000/- (Rupees One Crore Twenty-Four Lac only) on account of his ownership of 1/5th of the subject property;

b) Pass an order directing the Respondent/Corporate Debtor to pay any additional compensation for the loss suffered due to the actions and inaction of the Respondent/Corporate Debtor;

c) Pass any other as this Hon'ble Tribunal may deem fit and proper in the facts and circumstances of the present case.”

2.

The said I.A. alongwith several other I.As was heard. While considering the similar I.A. No. 1217/2021, a statement was made by learned counsel for the  Resolution  Professional  that  the  Resolution  Professional  is  ready  to examine the claims of the applicants on merit.  In terms of the statement, the applications were referred to the Resolution Professional for needful examination on merit and disposed of. However, I.A. No. 1729/2021 was taken alongwith I.A. No. 1430/2019 and has been rejected.

3.

Learned counsel for the Resolution Professional fairly submitted that the application I.A. No. 1729/2021 ought to have been disposed of alongwith I.A.  No.  1217/2021  and  has  wrongly  been  dismissed  alongwith  I.A.  No. 1430/2019.

4.

When we look into the prayers made in the application, it is clear that the prayer which was made in I.A. No. 1729/2021 was similar to those made in I.A. No. 1217/2021, hence, this application I.A. No. 1729/2021 was required to be disposed of by the same order i.e. referring the application to the Resolution Professional for needful examination on merit and disposal within 15 days subject to proviso to Regulation 12 of IBBI Resolution Process for Corporate Persons Regulations, 2016,

5.

In view of the above, we dispose of this appeal by setting aside the order dismissing I.A. No. 1729/2021 and disposing the I.A. No. 1729/2021 in terms of order passed in I.A. No. 1217/2021. The order accordingly.