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

Order Date: October 12, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals (Comp. App. (AT) (Ins) No. 1116 of 2026 and Comp. App. (AT) (Ins) No. 1115 of 2026) filed by Jaypee Sports City Welfare Society against Jaiprakash Associates Ltd. (through Resolution Professional Bhuvan Madan) and others. The appeals appear to be related to the corporate insolvency resolution process of Jaiprakash Associates Ltd. Multiple legal representatives were present for both the appellant and various respondents.

Final Outcome

The bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), adjourned both appeals to November 25, 2026, citing "No time left" for hearing on the scheduled date of October 12, 2026. The matter remains pending without any substantive hearing or decision on the merits of the case.

Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment