Resolution Professional files applications seeking clarification of NCLAT's 07.01.2026 judgment in insolvency appeals.
NCLAT directs Lucknow Development Authority to file a reply to the clarification application by the next hearing.
The Tribunal notes its judgment was affirmed by the Supreme Court on 16.04.2026 but clarification is still required.
Matter listed for further hearing on 25th May 2026 with directions for replies from financial creditor and appellant.