Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing three interconnected matters:
1. Comp. App. (AT) (Ins) No. 1249 of 2019: An appeal filed by Sanjeev Abrol against Rahul Singh & Others.
2. Comp. App. (AT) (Ins) No. 210 of 2022: An appeal filed by Active Valley Square Welfare Association (through its Secretary) against Manish Kumar Gupta (Interim Resolution Professional of AVP Buildtech Pvt. Ltd.) & Others.
3. Contempt Case (AT) No. 03 of 2024: A contempt case filed by Active Valley Square Welfare Association against Sanjeev Abrol, arising from Comp. App. (AT) (Ins) No. 210 of 2022.
The matters relate to the corporate insolvency resolution process of AVP Buildtech Pvt. Ltd., a real estate company. The appeals involve the welfare association of the corporate debtor's project, the suspended director (Sanjeev Abrol), and the Interim Resolution Professional (Manish Kumar Gupta). Multiple Interlocutory Applications were also pending in these appeals.
Final Outcome
The tribunal did not address any substantive legal issues in this order. Due to time constraints, the bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned all matters. The appeals and connected applications were listed for the next hearing on 06 October 2026 at 2:00 PM. No other directions were issued.
Topics: Insolvency Proceedings, NCLAT Adjournment, Real Estate Dispute