Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 16 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 366 of 2024, an appeal filed by the Greater Noida Industrial Development Authority (GNIDA) through its Manager (Builder). The appellant is challenging matters related to Today Homes & Infrastructure Pvt. Ltd., with Nilesh Sharma serving as the Resolution Professional (Respondent 1). The appeal also involves a second respondent referred to as SRA/R2 in the representation. The bench noted that no time was left for hearing the matter on the scheduled date.
Final Outcome
The NCLAT bench, consisting of Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), adjourned the appeal and listed it for the next hearing on 3 August 2026. The order was passed in hybrid mode, indicating a combination of physical and virtual proceedings.
Topics: Insolvency Appeal, Real Estate, Adjournment