Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 11 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) is hearing four connected insolvency appeals filed by Bindu Kapoor, identified as the Suspended Director of four Imagine Group companies. The appeals challenge the appointment of Mamta Binani as the Interim Resolution Professional for these companies. The four companies involved are Imagine Estate Pvt. Ltd., Imagine Home Pvt. Ltd., Imagine Residence Pvt. Ltd., and Imagine Habitat Pvt. Ltd. The appeals are registered as Company Appeal (AT) (Insolvency) No. 933, 934, 935, and 943 of 2026. The tribunal was presided over by Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Final Outcome
The tribunal adjourned the hearing of all four appeals to 17th and 18th August 2026 at 12:00 Noon. It ordered that the existing interim order, the specifics of which are not detailed in this procedural update, shall continue to remain in effect until the next hearing.
Topics: Corporate Insolvency, Legal Proceedings, Real Estate