Supreme Court · 2025 INSC 1086 · Decided 9 September 2025

Amit Nehra & ANR. v. Pawan Kumar Garg & ORS.

Court
Supreme Court of India
Citation
2025 INSC 1086 · [2025] 9 S.C.R. 627
Case number
CIVIL APPEAL No. 4296/2025
Decided
9 September 2025
Bench
SANJAY KUMAR, SATISH CHANDRA SHARMA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
IBC Section 62

Headnote

Whether the appellants, being allottees of an apartment in a project developed by the erstwhile Corporate Debtor and having admittedly paid a sum of Rs.57,56,684/- out of the total consideration of Rs.60,06,368/-, are to be treated as belated claimants entitled only to deposit under Clause 18.4(xi), or whether, their claim having been duly verified and incorporated in the list of creditors, they are entitled to possession in terms of Clause 18.4(vi)(a) of the Resolution Plan. Insolvency and Bankruptcy Code, 2016 - s.62 -

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