Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 26 October 2026
Case Overview
The order pertains to two connected Company Appeals (AT) (Ins) No.1966 of 2026 and No.2017 of 2026. The appellant is Balbir Singh, the suspended director of ESPO Developers Pvt. Ltd. The respondents are Omkara Assets Reconstruction Pvt. Ltd. & Anr. The matter involves a stay application within these insolvency appeals. Arguments from the respondents on the stay application had concluded on the date of the order.
Final Outcome
The NCLAT bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), granted an adjournment. The appellant's counsel requested permission to present rejoinder arguments to the stay application on the coming Wednesday. The tribunal listed the matter for further hearing on 28 October 2026 at 2:00 PM.
Topics: Insolvency Appeal, Adjournment, Stay Application