NCLT admits Section 7 IBC petition filed by 88 allottees against Om Krishna Developers for default of ₹7.13 crore.
Corporate Debtor failed to deliver possession of plots in 'County Garden' project by December 2015 deadline and ignored NCDRC refund order.
Tribunal appoints Vijender Sharma as IRP, declares moratorium, and directs Financial Creditor to deposit ₹2 lakhs for CIRP costs.
Petition satisfies statutory requirement of 100 allottees/10% threshold with 88 allottees holding 104 units in the same project.