Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: July 21, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) No. 259 of 2026 filed by Ascot Realty Pvt. Ltd. (Appellant) against Starlight Real Estate (Ascot) Mauritius Ltd. and Others (Respondents). The appeal is accompanied by Interlocutory Application No. 4756 of 2026, where the appellant has sought condonation of a 30-day delay in preferring the appeal against an impugned order.
All respondents were represented through counsel: Mr. Dhruv Surano for the Appellant; Ms. Aditi Ladda, Mr. Aman Hingorani, and Ms. Shreem Bajpai for Respondent Nos. 1 and 2; Ms. Meghna Sharma for Respondent No. 3; and Mr. Jehan Fouzdar for Respondent No. 4. Mr. Himanshu Satija and Mr. Anshul Rao also appeared for unspecified parties. Respondent No. 4 contended that they were not in respect of the application records.
The Tribunal directed the appellant's counsel to serve a copy of the application to Respondent No. 4's counsel within 48 hours. Respondent Nos. 1 to 4 were given three weeks to file their objections to the delay condonation application.
The Tribunal further issued notices to Respondent Nos. 5 to 9 on the delay condonation application. The appellant was directed to supply email addresses and WhatsApp numbers of these respondents and ensure service through these modes within one week, in addition to service by registered post/speed post within the same period.
Final Outcome
The case was listed for further orders specifically on the delay condonation application on September 3, 2026. The appeal itself will proceed based on the outcome of the delay condonation ruling.
Topics: NCLAT Proceedings, Delay Condonation, Real Estate Dispute