Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 19 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 2123 of 2024 along with connected Interim Applications I.A. No. 7908 and 7909 of 2024, and I.A. No. 342 and 1130 of 2026. The appellant is Madhuvan Tieup Pvt Ltd., represented through its Director/Authorized Representative. The respondents include Narender Kumar Sharma, the Resolution Professional for Indirapuram Habitat Centre Pvt Ltd., and other parties. The appeal appears to concern insolvency proceedings related to Indirapuram Habitat Centre Pvt Ltd.
Multiple legal representatives appeared for the respondents: Mr. Abhishek Anand, Ms. Palak Kalra, and Ms. Anurima Gupta represented the Resolution Professional; Ms. Nivvedita Chauhan, Ms. Komal Singh, and Ms. Tanvi Mahajan represented Respondents 3 and 4; and Mr. Praful Jindal represented Respondent 1. The appellant's appearance was not marked in the records.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), adjourned the hearing due to time constraints. The appeal has been listed for the next hearing on October 1, 2026. No substantive decisions or rulings on the merits of the case were made in this order.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation