2025 (9) TMI 412

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....MR. AJAI DAS MEHROTRA MEMBER (TECHNICAL) For the Appellant: Mr. Abhijeet Sinha, Sr. Advocate, Mr. S. Santanam Swaminadhan, Mr. Kartik Malhotra, Ms. Shreya Mansi James, Ms. Heena Kochar, Advocates. For the Respondent: Mr. Ramji Srinivasan, Sr. Advocate, Mr. P Nagesh, Sr Advocate, Mr Abhishek Anand, Ms. Jyoti Taneja, Ms. Muskan Puri, Mr. Akshay Sharma, Mr. Arjun Bhatia, Ms. Shefali Munde, Advo....

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....nts the property belonging to the company/Respondent No. 1 was rather allocated to Respondent No.2, Mr. Rahul Gupta. However, it is the submission of the Ld. Sr. Counsel for the appellant though the family settlements were executed but Respondent No.2, Mr. Rahul Gupta never participated in such family settlements and rather had challenged such family settlements by filing a civil suit to declare t....

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....7 to Settlement Dt. 09.07.2019 was shown to us to allege the Company-R1 with its land came to the share of Respondent No. 2, though it is still disputed. 4. In any case, the Ld. NCLT after hearing the arguments was of the view the property belonging to Respondent No.1 was actually the subject matter of the family settlements and Respondent No.1 is one of the group companies owned by the family ....

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.... the Ld. NCLT is too long and in the meanwhile the subject property may be disposed of, it would be appropriate if we request the Ld. NCLT to prepone the matter and let the Respondents file their reply(s) to the company petition within 10 days from today and the Appellant be allowed to file rejoinder(s) within four days thereafter, as submitted, and the matter may be heard on interim application a....