Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 30 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard four connected insolvency appeals filed against real estate company ATS Infrastructure Ltd. The appeals comprise:
- Comp. App. (AT) (Ins) No. 1334 of 2023: Rahul Munjal vs. ATS Infrastructure Ltd.
- Comp. App. (AT) (Ins) No. 1337 of 2023: Rahul Munjal vs. ATS Infrastructure Ltd.
- Comp. App. (AT) (Ins) No. 2377 of 2024: Vandana Raheja & Anr. vs. ATS Infrastructure Ltd.
- I.A. No. 8927 of 2024 and I.A. No. 8929 of 2024 (Interlocutory Applications)
For all appeals, the appellant was represented by Advocates Vivek Kumar and Raveena Paniker. The appearance for the respondent (ATS Infrastructure Ltd.) was not marked in the proceedings.
Final Outcome
The tribunal adjourned all appeals due to "paucity of time" and could not hear the matter on 30 September 2026. The cases have been listed for next hearing on 18 November 2026. The order was passed by a bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Topics: Insolvency Appeals, Real Estate, Adjournment