Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 366 of 2024, an appeal filed by Greater Noida Industrial Development Authority through its Manager (Builder) against Nilesh Sharma, the Resolution Professional of Today Homes & Infrastructure Pvt. Ltd. The appeal relates to insolvency proceedings concerning Today Homes & Infrastructure Pvt. Ltd. Multiple legal representatives appeared for the respondents: Mr. Pranjit Bhattacharya, Ms. Shalini Basu, Ms. Nitya Prabhakar, and Mr. Kunal Dave for Respondent-1; Mr. Karan Grover for Respondent-2/SRA; and Mr. Akash Srivastava for the Resolution Professional. The appellant's appearance was not marked.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) noted "No time left" and adjourned the matter. The appeal has been listed for the next hearing on 09.09.2026. No substantive decisions or rulings on the merits of the case were made in this order.
Topics: NCLAT Proceeding, Insolvency Appeal, Real Estate