Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 31 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected company appeals filed under the Insolvency and Bankruptcy Code. The appeals comprise Company Appeal (AT) (Insolvency) No. 715 & 716 of 2025 filed by Tarun Dayanand Dhir against Fountain Square Residents & Commercial Welfare Cooperative Society & Anr., and Company Appeal (AT) (Insolvency) No. 614 of 2025 filed by Nitco Realties Pvt. Ltd. against Fountain Square Residents and Commercial Welfare Association & Ors. Multiple interim applications (I.A. No. 2736, 2737, 2738, 2739, 2741, 2742, 2743 of 2025 and I.A. No. 2365, 2366, 5345, 5646 of 2025) are pending adjudication alongside these main appeals. The bench comprised Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Final Outcome
The NCLAT bench adjourned the hearing of all three appeals and their accompanying interim applications to September 14, 2026. No substantive hearing or ruling on the merits of the case occurred during this proceeding. The matter remains pending before the tribunal.
Topics: Insolvency Appeal, Real Estate Dispute, Adjournment