NCLT Dismisses AAA Landmark CIRP Transfer Application

NCLT dismissed AAA Landmark's application to transfer two CIRPs, citing lack of locus as a related party.
Supreme Court had previously ruled AAA Landmark's transactions with AKME Projects were collusive.
CIRP for AKME Projects began in 2018; Grandstar Reality's CIRP began in 2023 with a resolution plan pending.
Tribunal found no nexus between the two distinct corporate debtors' insolvency processes.