Case Details
Case Name: Delhi International Airport Limited vs Satish Kumar Gupta Liquidator of Jet Airways India Ltd. & Mumbai International Airport Ltd. vs Jet Airways (India) Ltd. & Ors.
Court/Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Case Numbers: Company Appeal (AT) (Ins) No. 717 of 2026 & I.A. No. 3306 of 2026; Company Appeal (AT) (Ins) No. 522 & 523 of 2026
Date of Order: 13.05.2026
Judges: Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), Indevar Pandey (Member Technical)
Parties Involved
Appellants:
- Delhi International Airport Limited (in CA 717/2026)
- Mumbai International Airport Ltd. (in CA 522-523/2026)
Respondents:
- Satish Kumar Gupta (Liquidator of Jet Airways India Ltd.) - Respondent 1
- Jet Airways (India) Ltd. & Ors. - Respondents 2 to 4
Legal Representatives:
- For Delhi International Airport: Mr. Krishnendu Dutta, Sr. Advocate along with Mr. Anuj Singh, Ms. Radhika Mishra, Mr. Subham S., Ms. Alina Merin Mathew and Ms. Niharika Singh, Advocates
- For Mumbai International Airport: Mr. Vikram Nankani and Mr. Arun Kathpalia, Sr. Advocates with Mr. Ruby Singh Ahuja, Mr. C. Keswani, Ms. Suyesha Kalra, Ms. Ravneet Kaur Malik, Ms. Varsha Himatsingka and Mr. Vedant Singh Choudhary, Advocates
- For Liquidator/Respondents: Mr. Raghav Chadha, Mr. Dheeraj Kumar Totala, Mr. Nishant Upadhyay, Ms. Vasudha Jain and Mr. Mayank Jain, Advocates for R1
- For Financial Creditors: Mr. Raunak Dhillon, Ms. Isha Malik, Mr. Anchit Jasuja and Ms. Mitali Jain, Advocates
Procedural Developments
I.A. No. 3306 of 2026: Filed by successful bidder of one of Jet Airways' aircraft. The counsel, on instructions, submitted that he is withdrawing this application. The application was accordingly dismissed as withdrawn.
I.A. No. 3464 of 2026: Filed by eight financial creditors of the corporate debtor (Jet Airways) for intervening in the appeal. The learned Counsel was required to serve the copy of the I.A. on the appellant as well as on the liquidator.
Time for Filing Reply: The first respondent (liquidator) sought short time to file reply to the appeal in CA (AT)(Ins) No. 717 of 2026. The Tribunal permitted this request.
Batch Appeals: Counsel for the appellant submitted that there is a batch of appeals in CA (AT)(Ins) Nos. 375/2026, 419/2026, 420/2026, 440/2026 and 551/2026 which are pending before the Hon'ble Chairperson Court for consolidation.
Previous Order Continuation
The Tribunal noted that on 19.03.2026, it had passed an order stating: "Learned counsel for the liquidator has submitted that no distribution of the amount shall take place without leave of the Court." This order was directed to continue until further notice.
Next Hearing
The matters were listed for next hearing on 29.05.2026 before the Hon'ble Chairperson for appropriate orders regarding consolidation and further proceedings.
Registry Directions
The Registry was directed to place the matter before the Hon'ble Chairperson for appropriate orders regarding the consolidation of related appeals.