Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 02.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two interconnected insolvency appeals. The first appeal, Comp. App. (AT) (Ins) No. 881 of 2024, was filed by Vinod Kumar Jha, the Director (Powers Suspended) of Ajnara Realtech Ltd., against respondents Sachin Dhiman & Others. The second appeal, Comp. App. (AT) (Ins) No. 1333 of 2024, was filed by Lee Garden Ph 3 Welfare Society (through its President, Mr. Kishlaya Deb Purkayastha) against Ajnara Real Tech Ltd. & Others. Several Interlocutory Applications (I.A. No. 3180, 3181, 3787, 6926 of 2024 and I.A. No. 4836 of 2024) were also linked to these appeals. Multiple legal representatives were present for the various parties involved.
Final Outcome
The tribunal adjourned both appeals. Based on a request made by the Learned Counsel for the Appellant in Comp. App. (AT) (Ins) No. 881 of 2024, the next hearing was rescheduled for 11.09.2026. The order was issued by a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical).
Topics: Insolvency Proceeding, Real Estate Dispute, Adjournment