Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 02.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1344 of 2026. The appellant is the Monitoring Committee of the Earth Towne Project, representing Earth Infrastructures Ltd. The respondents are Earth Towne Infrastructure Pvt. Ltd. & Others, represented by their counsel. The Interim Resolution Professional (IRP), Mr. Rajiv Bajaj, was also noted as part of the proceedings. During the hearing, counsel for the respondents (1 to 3) submitted that they had no objections to the appeal presented by the appellant being allowed.
Final Outcome
The tribunal concluded arguments and reserved its judgment. Counsel for the parties were permitted to file written submissions within two days from the order date (02.09.2026), with the condition that these submissions not exceed 2-3 pages and must cite relevant paragraphs of case laws relied upon. The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Topics: NCLAT Proceeding, Corporate Insolvency, Real Estate Project