The case involves two company appeals regarding condonation of delay in filing the appeals. Harish Shah, an unsecured Financial Creditor/Home Buyer of Lokaa Developer Pvt. Ltd., challenged an Impugned Order. Avantika P Mehta is the other appellant in a connected appeal.
Section 10 of The Insolvency and Bankruptcy Code, 2016
Section 194A
Harish Shah is an unsecured Financial Creditor/Home Buyer of Lokaa Developer Pvt. Ltd.
The claim relates to Flat No. 2001 in the 'M1' Project which was double booked.
The Adjudicating Authority approved a Resolution Plan on 28.10.2025 in IA (IBC) / Plan / 11 (CHE) / 2024.
The Appellant sought condonation of 14 days delay in filing the appeal.
The Respondent contended that the appeal was filed beyond the prescribed maximum period of 45 days.
The order was pronounced in the Open Court by the Ld. Adjudicating Authority on 28.10.2025.
The appellant in Company Appeal No. 56/2026 also sought a condonation of delay of 14 days.
The Registry reported a delay of 16 days in both appeals.
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Harish Shah is an unsecured Financial Creditor/Home Buyer of Lokaa Developer Pvt. Ltd.
The claim relates to Flat No. 2001 in the 'M1' Project which was double booked.
The Adjudicating Authority approved a Resolution Plan on 28.10.2025 in IA (IBC) / Plan / 11 (CHE) / 2024.
The Appellant sought condonation of 14 days delay in filing the appeal.
The Respondent contended that the appeal was filed beyond the prescribed maximum period of 45 days.
The order was pronounced in the Open Court by the Ld. Adjudicating Authority on 28.10.2025.
The appellant in Company Appeal No. 56/2026 also sought a condonation of delay of 14 days.
The Registry reported a delay of 16 days in both appeals.
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