Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard multiple interconnected appeals related to insolvency proceedings involving Boulevard Projects Pvt. Ltd. The appeals were filed by Acreage Properties Pvt. Ltd. (in three separate appeals: CA (AT) (Ins) No. 585 of 2023, CA (AT) (Ins) No. 1368 of 2023, and CA (AT) (Ins) No. 1278 of 2023) and Ashmeet Singh Bhatia (in CA (AT) (Ins) No. 586 of 2023) against Boulevard Projects Pvt. Ltd. Through Authorised Representative & Others. Various interim applications were also pending with these appeals, including I.A. Nos. 1943, 1945, 4872, 4873, 4874, 4513, 4514, 4515, and 2485 of 2024. Representation was noted for the respondents, with Mr. Raunak Dhillon, Ms. Madhavi Khanna, Mr. Nihaad Dewan, and Mr. Anchit Jasuja appearing for Respondent-2, and Mr. Pankaj Agarwal, Mr. Shashwat Srivastava, and Ms. Mrigangi Parul appearing for the discharged resolution professional. No appearance was marked for any of the appellants.
Final Outcome
The Tribunal noted that no time was left for hearing the matters on 14 September 2026. Consequently, all appeals were adjourned and listed for next hearing on 26 October 2026. The order was passed in hybrid mode by a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Topics: Insolvency Proceedings, Corporate Litigation, Real Estate Disputes