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

Order Date: 12 October 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. Both appeals were filed by Jaypee Sports City Welfare Society as the appellant against Jaiprakash Associates Ltd (through Resolution Professional Bhuvan Madan) and other respondents. The appeals appear to be related to the corporate insolvency resolution process of Jaiprakash Associates Ltd.

Multiple legal representatives were present:

  • For Appellant: Mr. Abhinav Jaganathan, Mr. Abhishek Kumar Singh, and Mr. Harsh Vikram Singh
  • For Respondent 1/Resolution Professional: Mr. Nikhil Mathur, Mr. Aditya Marwah, Ms. Kirti Gupta, and Ms. Divya Venugopalan
  • For Respondent 2: Ms. Srideepa Bhattacharya, Ms. Neha Shivhare, and Ms. Anoushka Chauhan
  • For Respondent 3: Mr. Ramaditya Singh Jadon

The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).

Final Outcome

The NCLAT adjourned both appeals due to time constraints and listed them for the next hearing on November 25, 2026. No substantive hearing or decision on merits occurred in this session.

Topics: Insolvency Proceedings, NCLAT Adjournment