NCLT Chandigarh dismisses suspended director Pardeep Kumar's application challenging approval of Future Colonisers' resolution plan.
Applicant alleged RP suppressed land asset valued at ~₹2.55 crore and ₹135.94 crore claim in another CIRP.
Tribunal found applicant failed to disclose land during CIRP and civil court had declared sale deed void in 2018.
Resolution plan by Master Trust Limited (91.35% voter) offering ₹50 lakh was approved by CoC on 09.02.2023.