Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: July 31, 2026
Case Overview
The order pertains to three interconnected Company Appeals (AT) (Insolvency) heard together:
1. Comp. App. (AT) (Ins) No. 1651 of 2024 & I.A. No. 6013, 6014 of 2024: Filed by Katra Realtors Pvt. Ltd. against Rajesh Ramnani (Resolution Professional of Ansal Urban Condominiums Pvt. Ltd.) & Others.
2. Comp. App. (AT) (Ins) No. 791 of 2024: Filed by Ansal Properties & Infrastructure Ltd. against Rajesh Ramnani (Resolution Professional of Ansal Urban Condominiums Pvt. Ltd.).
3. Comp. App. (AT) (Ins) No. 1662 of 2024 & I.A. No. 6056 of 2024: Filed by Krishna Sahil Constructions Pvt. Ltd. against Rajesh Ramnani (Resolution Professional) & Another.
The appeals challenge orders or proceedings related to the Corporate Insolvency Resolution Process (CIRP) of Ansal Urban Condominiums Pvt. Ltd., for which Mr. Rajesh Ramnani is the appointed Resolution Professional. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Final Outcome
The Tribunal noted "No time left" to hear the matters on the current date. Consequently, all three appeals were adjourned and listed for the next hearing on September 8, 2026. No substantive orders were passed on the merits of the cases.
Topics: Insolvency Proceedings, Real Estate, Adjournment