Case Details

Case Name: Suresh Sareen & Ors Vs. International Land Developers Pvt. Ltd

Court/Authority: National Company Law Tribunal, New Delhi Court-IV

Case Number: IB/357/ND/2022 with IA/1039/ND/2024

Date of Order: 20 May 2026

Legal Provision: Section 7 of the Insolvency and Bankruptcy Code, 2016

Parties Involved

Petitioners/Applicants: Suresh Sareen & Ors

Respondent: International Land Developers Pvt. Ltd

Petitioners' Legal Counsel: Mr. Ishaan George, Ms. Rukma George, Mr. Archit Jain, Mr. Ashhab Khan, Mr. Aman Ahluwalia (Advocates)

Respondent's Legal Counsel: Mr. Kunal Godhwani, Ms. Kinjal Chadha (Advocates)

Tribunal Bench: Shri Mahendra Khandelwal (Hon'ble Member - Judicial) and Shri Atul Chaturvedi (Hon'ble Member - Technical)

Final Ruling & Enforcement

The National Company Law Tribunal adjourned the hearing due to paucity of time. The case has been rescheduled for the next hearing on 22 July 2026. The order was signed by Shri Atul Chaturvedi, Member (Technical).

The hearing was conducted in hybrid format (physical and video conference). No substantive findings, observations, penalties, or directions were issued in this order as it was purely procedural adjournment.