Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 17, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1441 of 2026 along with I.A. No. 5587 of 2026. The appeal was filed by Shaukat Ali Qureshi and another appellant, identified as allottees in JBK Developers Pvt. Ltd., against Pankaj Narang, the Resolution Professional of JBK Developers Pvt. Ltd. The order represents an early procedural stage in the appellate process.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) issued notice to the respondent (Pankaj Narang RP). The appellants were directed to complete all necessary steps for service of notice along with process fee and requisites within three working days from the order date. The case has been listed for the next hearing under the caption 'For Admission (After Notice)' on September 17, 2026.
Topics: Insolvency Appeal, Real Estate Allottees, NCLAT Procedure