Order 7

Order Details: COPY OF JUDICIAL PROCEEDINGS
Pdf Text: 43 CC NI ACT 7586/2023
LA TROPICANA RESIDENTS ASSOCIATION REGD Vs.
PARSVNATH LANDMARK DEVELOPERS PRIVATE
LIMITED
12.02.2025
Present:- Sh. Rishabh Jain, Ld. Counsel for complainant.
Sh. Ashwarya Jain, Ld. Counsel for accused.
AR of accused no. 1 company present (through VC).
Accused no. 5 present (through VC).
Accused no. 2, 3, & 4 are absent.
Applications u/s 96 IBC have been filed on behalf of
accused no. 2, 3 & 4. Taken on record. Copy supplied.
Ld. Counsel for accused seeks exemption from
personal appearance on behalf of accused persons due to official
exigencies.
Highly opposed by Ld. Counsel for complainant.
In view of the application filed u/s 96 IBC, accused
no. 2, 3, & 4 are exempted from appearance today.
Perusal of record shows that AR of accused no. 1
company and accused no. 5 have failed to appear in person even
once despite directions to this effect.
In compliance of previous order, AR of accused no.
1 company and accused no. 5 are burdened with cost of Rs.
5,000/- (each) payable to complainant.
AR of accused no. 1 company and accused no. 5 are
directed to appear in person on NDOH, failing which additional
cost of Rs. 5,000/- (each) shall be imposed payable to the
complainant.
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Ld. Counsel for complainant is at liberty to file
reply, if any, to the applications u/s 96 IBC.
Put up for appearance of AR of accused no. 1
company and accused no. 5 / furnishing of bail bond / framing of
notice / consideration on application u/s 96 IBC on 23/04/2025.
(Shreya Singh)
Judicial Magistrate First Class,
(NI Act) - 05 (C)/THC/DELHI
12.02.2025
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