Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 26 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was hearing two connected appeals:
- Company Appeal (AT) (Insolvency) No. 715 & 716 of 2025 along with Interlocutory Applications No. 2736, 2737, 2738, 2739, 2741, 2742, and 2743 of 2025, filed by Appellant Tarun Dayanand Dhir against Respondents Fountain Square Residents & Commercial Welfare Cooperative Society & Another.
- Company Appeal (AT) (Insolvency) No. 614 of 2025 along with Interlocutory Applications No. 2365, 2366, 5345, and 5646 of 2025, filed by Appellant Nitco Realties Pvt. Ltd. against Respondents Fountain Square Residents and Commercial Welfare Association & Others.
Representation included Mr. Aadhar Nautiyal for Appellant Tarun Dayanand Dhir, and Ms. Meghna Rao with Mr. Abhishek Bose for Appellant Nitco Realties Pvt. Ltd. For the Respondents, Ms. Anuja Apte, Mr. Vishal Hegde, and Mr. Deepakar Livingston represented Respondent-1, while Mr. Yahya Btatawala represented Respondent-2 across both appeals.
The bench comprised Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical).
Final Outcome
The tribunal could not hear the matters on the scheduled date due to "paucity of time." Consequently, both appeals and all associated interlocutory applications were adjourned and listed for next hearing on December 1, 2026. No substantive hearings or decisions on merits occurred on this date.
Topics: NCLAT Proceedings, Real Estate Dispute, Adjournment