Dewan Housing Finance Ltd through the Administrator vs TDH Reality LLP & Ors on 15 April 2021

NATIONAL COMPANY LAW APPELLATE TRIBUNAL

NEW DELHI

Company Appeal (AT) (Ins) No.75 of 2021

[Arising out of Order dated 11.01.2021 passed by National Company Law Tribunal, Mumbai Bench – Court II in IA 2168/2020 in CP(IB)/4258/

MB/2019]

IN THE MATTER OF:

Before NCLT

Before NCLAT

Dewan Housing Finance

Respondent

Appellant

Ltd.

through the Administrator

HDIL Tower, 6th Floor,

Anant Kanekar Marg,

Station Road,

Bandra (East),

Mumbai 400051

Versus

1. TDH Realty LLP

....

Respondents 1 to 9

Through Authorised

Signatory

179, K Block

Yashoda Nagar,

Kanpur 208011

2. The Committee of

….

Creditors,

Through lead bank

Union Bank of India,

Union Bank Bhavan,

Through Authorised

Signatory

239, Vidhan Bhavan

Marg, Nariman Point,

Mumbai

3. DHFL Investments

….

Limited,

Through Authorized

Signatory,

HDIL Towers, 6th Floor,

Anant Kanekar

Marg Station Road

Bandra East,

Mumbai 400098

4. Wadhawan Global

….

Capital Limited

Through Authorized

Signatory,

Ground Floor,

Madhava Building,

Near Family Court,

Bandra Kurla

Complex,

Bandra East,

Mumbai 400051

5. Pramerica Life

….

Insurance Limited

Through Authorized

Signatory,

4th Floor, Building 9

Tower B, Cyber City,

DLF City, Phase III

Gurgaon,

Haryana 122002

6. IDBI Bank Limited,

….

IDBI Tower,

Through Authorized

Signatory,

WTC Complex,

Cuffe Parade,

Mumbai – 400005

7. West End Investment

….

& Finance Consultancy

Pvt. Ltd., Through

Authorized Signatory,

38, Bombay Mutual

Building,

Dr. D.N. Road, Fort,

Mumbai 400001

8. Advent Buildwel Private

….

Limited, Through

Authorized Signatory,

107, Jolly Maker

Chambers No.2225

Nariman Point,

Mumbai 400021

9. Abhinandan Management ….

Consultancy Private

Lilmited, Through

Authorized Signatory,

Room No.12,

Anwar Master Chawl,

SV Road,

Near Sandesh Restaurant

and Bar

Ambawadi, Dahisar (E),

Mumbai 400068

For Appellant:

Shri Arun Kathpalia, Sr. Advocate with Ms. Liz Mathew and Ms. Sonali Jain, Advocates

For Respondents:

Shri Monish Panda, Shri Kshitiz Arya and Shri Mrinal Bharat Ram, Advocates (R-1)

Shri Raunak Dhillon, Shri Aditya Marwah and Shri Shubhankar Jain, Advocates (R-2)

Shri R. Sudhinder, Ms. Priyanka Shetty, Ms.

Avina Karnal and Shri Ranjit Shetty, Advocates (R-3)

Shri Rajat Prakash and Shri Sanjay Bajaj, Advocates (R-6)

Shri Rohit Gandhi, Advocate (R-7 & 8)