Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), heard multiple interconnected appeals and interim applications related to insolvency proceedings involving Acreage Properties Pvt. Ltd. and Boulevard Projects Pvt. Ltd. The matters included CA (AT) (Ins) No. 585 of 2023 (Acreage Properties vs Boulevard Projects), CA (AT) (Ins) No. 586 of 2023 & I.A. No. 1943, 1945 of 2023 (Ashmeet Singh Bhatia vs Boulevard Projects), CA (AT) (Ins) No. 1368 of 2023 & I.A. No. 4872, 4873, 4874 of 2023 (Acreage Properties vs Boulevard Projects), and CA (AT) (Ins) No. 1278 of 2023 & I.A. No. 4513, 4514, 4515 of 2023 & 2485 of 2024 (Acreage Properties vs Boulevard Projects).
Representation was noted for Respondent-2 (Boulevard Projects Pvt. Ltd.) through advocates Mr. Raunak Dhillon, Ms. Madhavi Khanna, Mr. Nihaad Dewan, and Mr. Anchit Jasuja. The discharged Resolution Professional was represented by advocates Mr. Pankaj Agarwal, Mr. Shashwat Srivastava, and Ms. Mrigangi Parul. The appearance for the appellants (Acreage Properties Pvt. Ltd. and Ashmeet Singh Bhatia) was not marked on the record.
Final Outcome
The bench adjourned all appeals and connected applications, citing "No time left" for hearing on the current date. The matters were listed for next hearing on October 26, 2026. No substantive orders were passed on the merits of the cases, and the matters remain pending for adjudication.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment