Dinesh Gambhir & Another vs Today Homes And Infrastructure Pvt. Ltd
- CitationCompany Appeal (AT) (Insolvency) No. 785 of 2024
Ratio decidendi
The rule this decision rests on
A claim by a financial or operational creditor lodged with the Resolution Professional after the Committee of Creditors has approved the resolution plan is not admissible for consideration in the corporate insolvency resolution process, following the Supreme Court's decision in R.P.S. Infrastructure Limited v. Mukul Kumar, as applied by the Adjudicating Authority.
Written by Miss Lucy from the judgment below, not taken from a headnote.
Judgment
As delivered
In the matter of: Dinesh Gambhir & Anr. ....Appellants Vs. Today Homes & Infrastructure Pvt. Ltd. ...Respondent (Through Nilesh Sharma- RP) For Appellant Mr. C.S. Gupta, Advocate. For Respondent Mr. Kanishk Khetan, Mr. Ashu Kansal, Mr. Akash Srivastava, Advocates for RP.
ORDER
(Hybrid Mode)
09.05.2024: I.A. No. 2721 of 2024:- This is an application praying for
condonation of re-filing delay of 60 days. Reasons given in the application is
that the appeal was filed on 25.01.2024 and thereafter defects were
communicated more than once and time was taken to clear the defects. Delay
in re-filing is condoned.
I.A. No. 2845 of 2024:- This is an application praying for condonation of 11
days delay in filing the appeal. The ground taken is that the order could be
uploaded only after 5 days and the appellant is a senior citizen was not well
and could consult his advocate which took some time. Cause shown sufficient.
Delay is condoned.
2
Company Appeal (AT) (Insolvency) No. 785 of 2024 :-
Heard Learned Counsel for the Appellant.
2. This Appeal has been filed against the order dated 15.12.2023 passed
by the Adjudicating Authority (National Company Law Tribunal) New Delhi,
Court-III by which order the Adjudicating Authority rejected IA No. 2953 of
2023 filed by the Appellant. Appellant has filed his claim before the Resolution
Professional on 05.03.2022 whereas Resolution Plan was approved by the
CoC on 12.08.2021. The Adjudicating Authority noticed the facts and relying
on the judgment of the Hon'ble Supreme Court in "M/s. R.P.S.
Infrastructure Limited vs. Mukul Kumar and Anr.- Civil Appeal No. 5590
of 2021" and dismissed the IA.
3. Counsel for the Appellant submits that the Appellant has filed his
complaint before the NCDRC which was pending when the CIRP commences.
He further submits that the Resolution Professional is asking for exorbitant
interest from the Appellant. It is submitted that the interest which was
claimed by the Resolution Professional is unjustified.
4. Learned Counsel for the Resolution Professional submits that the
Appellants are the persons who have been already handed over the possession
and they are residing in the units and their claims which were sought to be
filed is claim regarding compensation for delay in possession and other issues.
Company Appeal (AT) (Insolvency) No. 785 of 2024 & I.A. No. 2721, 2845 of 2024 3
5. We have considered the submissions of the Counsel for the parties and
perused the record.
6. Admittedly, the claim was filed by the Appellant after approval of the
plan by the CoC. We do not find any error in the order of the Adjudicating
Authority rejecting the claim of the appellant by relying on the judgment of
the Hon'ble Supreme Court in "M/s. R.P.S. Infrastructure Limited vs.
Mukul Kumar and Anr.- Civil Appeal No. 5590 of 2021". Insofar as the
submission of the Appellant that the Resolution Professional has asked for
payment of exorbitant interest, it is always open for the Appellant to file an
appropriate application if any such letter or demand is made by the
Resolution Professional during pendency of the CIRP.
7. With these observations, the Appeal is dismissed.
[Justice Ashok Bhushan] Chairperson
[Barun Mitra] Member (Technical)
[Arun Baroka] Member (Technical) Anjali/nn
Company Appeal (AT) (Insolvency) No. 785 of 2024 & I.A. No. 2721, 2845 of 2024
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