Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 03.07.2026
Case Overview
This procedural order from the NCLAT deals with five interconnected Company Appeals filed under the Insolvency and Bankruptcy code. The appellants include Vallabh Dhawan and Suresh Dhawan, who are suspended directors of Aashiyana Infrastructure Development Pvt. Ltd. and Stanley Hotels & Resorts Pvt. Ltd., respectively. Other appellants are Rahul Jindal & Anr. The respondents are the respective corporate debtors through their Interim Resolution Professionals (IRPs) and other parties. The appeals challenge orders or actions within the Corporate Insolvency Resolution Process (CIRP) of the mentioned companies.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Member-Judicial) and Mr. Ajai Das Mehrotra (Member-Technical), listed all five appeals for their next hearing on 05.08.2026. The tribunal directed that any interim orders already passed in these matters shall continue to remain in force until the next date of hearing. No substantive arguments were heard or decisions made on this date; it was purely a listing and continuation order.
This content may not be financially relevant as it is a brief procedural update with no substantive financial or legal outcome disclosed.