Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: September 8, 2026

Case Overview

This is a procedural order in Company Appeal (AT) (Insolvency) No. 1630 of 2026 along with two Interlocutory Applications (I.A. No. 6232 of 2026 and I.A. No. 6234 of 2026). The appeal has been filed by AYG Realty Pvt. Ltd. (Appellant) against Debashis Nanda (Respondent). The nature of the dispute pertains to insolvency proceedings. The legal representation for the Appellant is not specified in this order, while the Respondent is represented by advocates Mr. Karan Valecha and Ms. Shivangi Khandelwal for SCC, and Mr. Sumant Batra, Mr. Sarthak Bhandari, Ms. Riya Kaur Arora, and Mr. Aditya Jain.

The order was passed in hybrid mode by a bench consisting of Officiating Chairperson Justice Yogesh Khanna, and Members (Technical) Barun Mitra and Ajai Das Mehrotra.

Final Outcome

The Appellate Tribunal has listed the appeal for hearing on the next day, September 9, 2026. No substantive decision on the merits of the case was made in this order.

Topics: Insolvency Appeal, NCLAT Procedure