Authority: National Company Law Tribunal, New Delhi Court-IV
Order Date: 12.06.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-IV heard two related applications in the ongoing insolvency proceedings against Mascot Soho Homes Pvt Ltd. The case was initiated by Aman Chhabra as the applicant against Mascot Soho Homes Pvt Ltd under Section 7 of the Insolvency & Bankruptcy Code, 2016. The specific applications being heard were IA/6261/ND/2025 and IA/2162/ND/2026 in the main matter IB/919/ND/2020.
Representation included advocates for multiple parties: Mr. U N Singh represented GNIDA; Adv. Rishi Singhal and Adv. Reema Khanneotra represented SRA; and Adv. Ishwar Mohapatra, Adv. Abhishek Anand, and Adv. Vagish Tripathi represented the Resolution Professional. The bench consisted of Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi.
Final Outcome
Both hearings were adjourned to 09.07.2026 due to paucity of time. The order was signed by Member (Technical) Shri Atul Chaturvedi. The matter remains pending without substantive resolution at this stage.
Topics: Insolvency Proceedings, Real Estate, NCLT