Treatment of homebuyer claims in CIRP clarifies IP duties and resolution applicant responsibility; parties resolved dispute and allotment occurred.

Treatment of homebuyer claims in corporate insolvency involves the duty of the insolvency professional/resolution professional to identify and admit claimants; this duty informs recognition of claimants during CIRP and affects entitlement under an approved resolution plan. The status of deferred allottees under an approved resolution plan and the responsibility of the successful resolution applicant-who was also the CIRP petitioner-to comply with allotment obligations are key concerns. In the recorded instance the parties amicably resolved the dispute and the flat was allotted to the appellant, after which the appeal was disposed in terms of the affidavit.

---

---

Issues: Whether the appeal should be disposed of in view of the affidavit filed by the Successful Resolution Applicant (SRA) stating that the flat has been allotted to the appellant and that the appellant has no further grievance.

Analysis: The SRA filed an affidavit dated 31.10.2025 stating that the flat has been allotted to the appellant and that the appellant has no grievance. The appellant's counsel in Court confirmed that the grievance stands resolved. In light of the affidavit and the parties' agreement, there is a mutual resolution of the dispute regarding allotment.

Conclusion: The appeal is disposed of in terms of the affidavit; the appellant's grievance is resolved and the appeal stands disposed of in favour of the appellant.

---