Case Details
Case Name: Acrow Realcon Pvt. Ltd. & Ors. Versus Union Bank of India & Ors.
Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Case Number: Company Appeal (AT) (Insolvency) No. 755 – 758 of 2026 & I.A. No. 2936, 2937, 2938, 2939 of 2026
Date of Hearing: 26.05.2026
Parties Involved
Appellants: Acrow Realcon Pvt. Ltd. & Others
Respondents: Union Bank of India & Others (including Respondent-23 and Respondent-24/SRA)
Legal Representation:
- For Appellant: Mr. Krishnendu Dutta, Senior Advocate with Mr. Prateek Gupta, Mr. Yash Tandon and Mr. Arjun Gaind, Advocates
- For Respondents: Mr. Chitranshul A. Sinha, Mr. Ashwani Sharma, Mr. Shivam Shorewala, Ms. Rakshita Bhargava, Ms. Archie Garg and Ms. Esha Sharma, Advocates for R-23
- Ms. Eshna Kumar and Ms. Astha Agrawal, Advocates for R-24/SRA
- Mr. Himanshu Satija and Mr. Anshul Rao, Advocates for R-1
Tribunal Members:
- Justice Ashok Bhushan (Chairperson)
- Barun Mitra (Member - Technical)
Proceedings
The hearing was conducted in hybrid mode. Counsel for the appellant and respondents presented arguments specifically on the delay condonation application. After hearing both sides, the Tribunal reserved its orders.
Nature of Case
The appeals arise from orders passed by the National Company Law Tribunal in an insolvency matter involving Acrow Realcon Pvt. Ltd. The specific nature of the violations or allegations is not detailed in this procedural order. The current hearing focused solely on applications seeking condonation of delay in filing the appeals.