Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: September 8, 2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal, Comp. App. (AT) (Ins) No. 566 of 2026. The appellant is Vishal Sharma, the suspended director of Hotel Horizon Pvt. Ltd. The respondents are a consortium comprising Oberoi Realty Ltd., Shree Aman Developers Pvt. Ltd., and JM Financial Properties and Holdings Ltd., among others. The order is procedural and does not delve into the merits of the underlying insolvency dispute between the parties.

Final Outcome

The tribunal adjourned the hearing due to a lack of time. The appeal was listed for its next hearing on September 15, 2026, at 3:00 PM. No substantive rulings on the appeal itself were made in this order.

Topics: Insolvency Appeal, Adjournment, Real Estate