Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three connected company appeals with interim applications involving real estate company Japna Estates Pvt. Ltd., homebuyers represented by Vikky Dang, and other respondents including Harender Singh Khokhar. The appeals are Comp. App. (AT) (Ins) No. 879 of 2025 with I.A. No. 809 of 2026 (Japna Estates vs. Vikky Dang & Anr.), Comp. App. (AT) (Ins) No. 880 of 2025 with I.A. No. 7577 of 2025 and 810 of 2026 (Japna Estates vs. Harender Singh Khokhar & Ors.), and Comp. App. (AT) (Ins) No. 1076 of 2025 (Vikky Dang AR of the Homebuyers vs. Shailendra Singh & Ors.). The matters involve Resolution Professional Shailendra Singh who appeared in person represented by Senior Advocate Mr. Neeraj Malhotra. Multiple senior advocates represented the various parties including Mr. P. Nagesh and Mr. Krishnendu Datta for Japna Estates, and Mr. Karan Gandhi for the homebuyers' representative.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned all connected appeals and listed them for next hearing on August 13, 2026, noting that the matters should be placed "high on board" for priority hearing. No substantive orders were passed on the merits of the cases during this hearing.
Topics: NCLAT Proceedings, Real Estate Dispute, Corporate Insolvency