Balajidham Buildestates Plot Ownership NCLT Dispute

NCLT Jaipur Bench rejects applicant's plea to exclude Plot No. 44 from corporate debtor's liquidation estate.
Applicant claimed unauthorized construction on his plot by Balajidham Buildestates without any written agreement.
Tribunal found applicant's claim lacked credibility given simultaneous plot purchases and six-year construction delay.
Dissenting opinion held Plot No. 44 should be excluded from liquidation estate with value-based compensation.