Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 25 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard multiple connected appeals filed by IIFL Home Finance Ltd through its authorized representative Mr. Vijay Dutt. The appeals were directed against resolution professionals handling the insolvency proceedings of Tushar Real Home LLP. Specifically, Comp. App. (AT) (Ins) No. 1136 of 2026 was filed against Mr. Satyendra P. Khorania (Resolution Professional for Tushar Real Home LLP) and others, while Comp. App. (AT) (Ins) No. 1359-1361 of 2026 and Comp. App. (AT) (Ins) No. 1362 of 2026 were filed against Ms. Divya Somani (Resolution Professional for Tushar Real Home LLP).
The appeals challenge certain actions or decisions taken by the resolution professionals in the corporate insolvency resolution process of Tushar Real Home LLP. IIFL Home Finance Ltd appears to be a financial creditor in these proceedings.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned the hearing of all appeals due to time constraints. The matters were listed for next hearing on September 22, 2026. No substantive hearing or decision on merits occurred in this session.
Topics: Insolvency Appeal, Financial Creditor, Resolution Professional