Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: July 22, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing Comp. App. (AT) (Ins) No. 1294 of 2026. The appellant in the case is Ashwani Kumar Singla, who is the Authorized Representative (AR) of a Class of Creditors. The respondents are BDR Builders and Developers Pvt. Ltd. & Others. The matter is an insolvency appeal. The legal representation for the appellant was Mr. K. Datta, Senior Advocate, along with a team of several other advocates. The respondents were represented by advocates Mr. Gaurav Mitra, Mr. Ashish Aggarwal, and Mr. N. Dhingra for Respondent-1 (BDR Builders), and advocates Mr. Sandeep Bajaj, Mr. Devansh Jain, Ms. Shrishti Jeswani, and Mr. Rakesh Gupta for the Resolution Professional (RP). The hearing was conducted in hybrid mode.
Final Outcome
The two-member bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), noted that there was no time left to hear the appeal on July 22, 2026. Consequently, the tribunal ordered the appeal to be listed for hearing on the next day, July 23, 2026. The outcome is a procedural adjournment with no substantive ruling on the merits of the case issued in this order.
Topics: Insolvency Appeal, Corporate Litigation