Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 26th October 2026
Case Overview
This 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 before the tribunal is a stay application within the broader context of an insolvency appeal.
Final Outcome
The tribunal has adjourned the hearing. The arguments from the respondents on the stay application have concluded. The learned Counsel for the appellant, Mr. Virender Ganda, requested and was granted permission to extend his rejoinder arguments at the next hearing. The case is now listed for further proceedings on 28th October 2026 at 2.00 p.m.
Topics: Insolvency, NCLAT, Stay Application