Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: October 12, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 126 & 127 of 2025 along with I.A. No. 474, 475, 548 of 2025. The appeal was filed by BKG Corp Ltd against respondents including Sapan Mohan Garg, who serves as the Resolution Professional (RP) of Leading Hotels Ltd. The matter appears to concern the corporate insolvency resolution process of Leading Hotels Ltd. Multiple advocates represented the parties: Mr. Priyotam Bhardwaj and Ms. Priyoshi for the appellant, while Mr. Palash S. Singhai and Mr. Harshal Sareen represented the Resolution Professional. Ms. Sanidhya Kumar represented Respondent-4.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing due to time constraints. The appeal has been listed for the next hearing on November 23, 2026. No substantive decisions or rulings were made in this order.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Resolution Process