Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 07 October 2026
Case Overview
This is a consolidated order for three contempt cases (No. 25, 26, and 27 of 2026) arising from insolvency appeals. The appellant in all cases is Krishan Vrind Jain, the Resolution Professional for Majestic Hotels Ltd. The respondents, including Amandeep Kaur and Raman Khangura, are individuals in unauthorized possession of the corporate debtor's property. The proceedings were initiated for non-compliance with a previous order to vacate the premises. The key issue was the respondents' continued possession of specific areas within the hotel: two rooms on the eighth floor, one wing on the fourth floor, and one wing on the ninth floor, despite a prior undertaking to vacate by 29 September 2026.
Final Outcome
The Tribunal, citing humanitarian grounds due to the advanced age (89 years) and medical condition (Parkinson's disease) of the father of a suspended director, granted a final and conditional extension. The respondents are directed to vacate the two rooms on the eighth floor and the wing on the fourth floor positively within four days from the order date (by 11 October 2026). Failure to do so will result in the Commissioner of Police (Respondent No. 4) providing police protection to the Resolution Professional to secure possession. The vacation deadline for the wing on the ninth floor was extended by two weeks, until 21 October 2026. The matters are listed next for hearing on 26 October 2026.
Topics: Insolvency, Contempt of Court, Property Possession