Case Details

Case Names:

  • Company Appeal (AT) (Insolvency) No. 933 of 2026: Bindu Kapoor vs. Mamta Binani & Ors. (Imagine Estate Pvt. Ltd.)
  • Company Appeal (AT) (Insolvency) No. 934 of 2026: Bindu Kapoor vs. Mamta Binani & Ors. (Imagine Home Pvt. Ltd.)
  • Company Appeal (AT) (Insolvency) No. 935 of 2026: Bindu Kapoor vs. Mamta Binani & Ors. (Imagine Residence Pvt. Ltd.)
  • Company Appeal (AT) (Insolvency) No. 943 of 2026: Bindu Kapoor vs. Mamta Binani & Ors. (Imagine Habitat Pvt. Ltd.)

Court/Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: May 25, 2026

Current Status: Matters listed for next hearing on May 27, 2026

Parties Involved

Appellant in All Cases: Bindu Kapoor (Suspended Director of all four companies)

Respondent Common to All Cases:

  • Respondent 1: Mamta Binani (Interim Resolution Professional for all four companies)
  • Respondent 2: Various advocates representing additional parties (Mr. Ritesh Kumar, Mr. Sidhant Kumar Marwah, Ms. Ekssha Kashyap, Mr. Shivam Sharan, Mr. Naman Gowda, Mr. Siddhant Ahirwal)

Companies Involved:

  • Imagine Estate Pvt. Ltd.
  • Imagine Home Pvt. Ltd.
  • Imagine Residence Pvt. Ltd.
  • Imagine Habitat Pvt. Ltd.

Legal Representation:

  • For Appellant: Present but appearance not marked
  • For Respondents: Mr. Sandeep Bajaj, Ms. Aakanksha Nehra, Mr. Shubham Jaiswal, Mr. Raj Shakya, Ms. Himangi Arora, Advocates with Ms. Mamta Binani, IRP for R-1

Issues / Allegations / Violations

The appeals challenge the appointment of Mamta Binani as Interim Resolution Professional across four real estate companies within the Imagine Group. The appellant, Bindu Kapoor, who is identified as the suspended director of all four companies, is appealing against the IRP appointments made in separate insolvency proceedings for each company.

Final Ruling & Enforcement

The Tribunal has not yet made a final ruling on the merits of the appeals. The order dated May 25, 2026, simply states: "As prayed, list these appeals on 27.05.2026." This indicates the matters have been scheduled for hearing on May 27, 2026.

Additional Proceedings

The order was passed in hybrid mode and bears the signatures of Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical).