Saha Infratech Pvt. Ltd ("Corporate Debtor"/ CD") CIN – U45200DL2012PTC238062 is under Corporate Insolvency Resolution Process (CIRP) by the order dated 28th February, 2020 in CP No- IB-1781(ND)2018 of Hon’ble National Company Law Tribunal, Bench No. II, New Delhi.
Mr. Narender Kumar Sharma (IBBI/IPA-002/IP-N00125/2017-18/10294) has replaced Mr. Shiv Nandan Sharma, erstwhile RP of M/s Saha Infratech (P) Ltd. vide order of Hon’ble NCLT, Bench-II, New Delhi, dated 19.09.2024 and uploaded on NCLT portal on 26.09.2024. Order can be seen in the NCLT Orders section of the portal.
The Resolution Plan approved by the Committee of Creditors (COC) in the 11th COC meeting held on 10.02.2022, adjourned to 12.02.2022 and the addendum to the resolution plan approved in the 12th CoC held on 22nd March 2023 to provide for the treatment to the unadmitted genuine allottees and homebuyers who have not filed their claims prior to the approval of the Original Resolution Plan in the 11 th COC is under consideration/adjudication of Hon'ble AA (NCLT). The next Date of Hearing of the Application IA 1100 of 2022 and IA 2446/2023 in CP No IB -1781(ND)/2018 for plan approval along with other IA's/objections etc. is 27th Nov 2024.
For Attention of Allottees who have not been able to file the claim/ filed delayed claim
The Resolution Plan was approved by the Committee of Creditors of Saha Infratech Pvt Ltd in February 2022 and was filed with the Hon'ble National Company Law Tribunal, New Delhi (NCLT) for approval in February 2022. Under the provisions of the IBC, 2016, the Resolution Professional does not have the authority to process, preuse or accept claims received after the approval of the resolution plan by the committee of creditors.
The Resolution plan of February 2022 has been modified to include claims of bonafide allottees/transferee of units who are not related to promoters, directors, and Key Management Personnel (KMPs) of Saha Infratech Pvt Ltd. However, once the Hon’ble Adjudicating Authority approves the Resolution Plan, the Successful Resolution Applicant (SRA) is bound to consider claims filed by bonafide allottees/transferee of units who are not related to promoters, directors and KMP’s of Saha Infratech Pvt Ltd. within 3 months of plan approval by Adjudicating Authority and deal with them in accordance with the specific conditions stated in the modified resolution plan