Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), heard three interconnected company appeals filed against Guman Builders & Developers Pvt. Ltd. The appeals were listed as Company Appeal (AT) (Ins) No. 854 of 2023 (Vijay Kumar Maheshwari vs. Guman Builders & Developers Pvt. Ltd. & Ors.), Company Appeal (AT) (Ins) No. 790 of 2023 (Geeta Devi Dangayach vs. Guman Builders & Developers Pvt. Ltd. & Ors.), and Company Appeal (AT) (Ins) No. 761 of 2024 with I.A. No. 2567 of 2024 (Rajesh Kumar Sharma vs. Guman Builders & Developers Pvt. Ltd. & Ors). Multiple advocates represented the parties: Mr. Palash S. Singhai and Ms. Aashima Gautam for appellant Vijay Kumar Maheshwari; Ms. Nivedita R. Sarda and Ms. Sagrika Joshi for appellant Geeta Devi Dangayach; Mr. Siddharth Jain for appellant Rajesh Kumar Sharma; and Mr. Hitesh Sachar, Ms. Anju Jain, Adv. Rifat Touhid, Ms. Prachie Jain, Mr. Abhinav Mathur, and Ms. Ishita Arora for various respondents.
Final Outcome
The bench adjourned all three appeals and listed them for the next hearing on September 17, 2026. The order was passed in hybrid mode without any substantive hearing or decision on the merits of the cases.
Topics: Insolvency Proceedings, Real Estate Disputes, Tribunal Adjournment