Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 23 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), heard an appeal filed by Aadi Propbuild Pvt. Ltd. (APPL)- EPIL (Consortium) as the Appellant. The Respondent in the matter was BDR Builders and Developers Pvt. Ltd. The appeal was registered as Comp. App. (AT) (Ins) No. 1288 of 2026. The legal representation for the Appellant was Mr. Abhijeet Sinha, Senior Advocate, along with Ms. Meghna Mishra, Mr. Siddharth Joshi, and Ms. Ujjwala Gupta, Advocates. The Respondents were represented by Mr. Gaurav Mitra, Senior Advocate, with Mr. Ashish Aggarwal and Mr. Nalin Dhingra, Advocates for Respondent-1. Mr. Devansh Jain and Ms. Shrishti Jeswani appeared for the Resolution Professional (RP), and Mr. Rakesh Gupta, the RP, was also present in person.

Final Outcome

The Tribunal noted that the instant appeal is connected with three other insolvency appeals: CA (AT) (Ins) No. 1283 of 2026, CA (AT) (Ins) No. 1294 of 2026, and CA (AT) (Ins) No. 1306 of 2026. Consequently, the bench adjourned the hearing and listed all connected matters to be heard together on 28 July 2026 under the same caption. The order was passed in hybrid mode.

Topics: NCLAT, Insolvency Appeal, Adjournment