Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 22, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1288 of 2026, which involves Aadi Propbuild Pvt. Ltd. (APPL) – EPIL (Consortium) as the appellant against BDR Builders and Developers Pvt. Ltd. & Anr. as respondents. The hearing was conducted in hybrid mode with legal representation from both sides. For the appellant, Mr. Abhijeet Sinha (Senior Advocate) appeared with Ms. Meghna Mishra, Mr. Siddharth Joshi, and Ms. Ujjwala Gupta as advocates. For the respondents, Mr. Gaurav Mitra, Mr. Ashish Aggarwal, and Mr. N. Dhingra represented Respondent-1, while Mr. Sandeep Bajaj, Mr. Devansh Jain, Ms. Shrishti Jeswani, and Mr. Rakesh Gupta appeared for the Resolution Professional.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) noted that there was no time left to hear the matter and accordingly adjourned the proceedings. The appeal has been listed for hearing on the next day, July 23, 2026.
Topics: NCLAT Proceedings, Real Estate Insolvency, Legal Adjournment