Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 3rd November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three connected insolvency appeals filed against Gajra Consortium & Others. The appeals were:
- Comp. App. (AT) (Ins) No. 196 of 2026: Prithviraj Hospitality Ltd. (Appellant) vs. Gajra Consortium & Ors. (Respondents)
- Comp. App. (AT) (Ins) No. 197 of 2026: Rani Agro Pvt. Ltd. (Appellant) vs. Gajra Consortium & Ors. (Respondents)
- Comp. App. (AT) (Ins) No. 198 of 2026: Garha Utilbrocce Tools Ltd. (Appellant) vs. Gajra Consortium & Ors. (Respondents)
Representation included Adv. Mayank Mushi for all appellants, while respondents were represented by Adv. Kiran Gandhi (for R3, R4), Adv. Nausher Kohli and Adv. Anuj Jaiswal (for R12), and Adv. Teena Saraswat Pandey.
The bench comprised Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Final Outcome
Due to time constraints, the NCLAT adjourned all three appeals and listed them for the next hearing on 27th January 2027. No substantive hearing or decision on the merits of the cases occurred during this proceeding.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation