Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 625 of 2026 along with Interlocutory Applications No. 2429 and 2431 of 2026. The appeal involves Sanjay Pandurang Kalate, the Suspended Director of Envirant Developers Private Limited, as the Appellant, versus Vistra ITCL (India) Ltd. and Others as Respondents. The matter appears to be related to insolvency proceedings concerning Envirant Developers Private Limited. The specific nature of the dispute or allegations is not detailed in this procedural order.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, issued a procedural order. The Appellant was granted a final opportunity of two weeks to file a rejoinder to the Reply submitted by the Respondent concerning the delay condonation application (I.A. No. 2429 of 2026). The appeal has been adjourned and is next listed for hearing on 08 September 2026.
Topics: Insolvency Appeal, NCLAT Proceeding