Judgment briefs
Supreme Court of India

Amit Nehra & Anr. v. Pawan Kumar Garg & Ors.

Insolvency and Bankruptcy Code, 2016

Allowed
Court
Supreme Court of India
Decided
9 Sep 2025
Citation
[2025] 9 S.C.R. 627
Case no.
CIVIL APPEAL No. 4296/2025
Bench
Sanjay Kumar, Satish Chandra Sharma

Issue for consideration

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.

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