Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 31.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard multiple connected insolvency appeals. The main appeal (Comp. App. (AT) (Ins) No. 581 of 2025) involves Kumari Durga Memorial Sansthan (through its Secretary Raju Kumar Jaiswal) as the Appellant versus Shravan Kumar Vishnoi & Others as Respondents. Connected appeals include Comp. App. (AT) (Ins) 962 & 963 of 2025 filed by PCR Buildtech Pvt. Ltd. as Appellant, along with several interim applications (I.A. No. 3687, 3688, 3775, 3776 of 2025). Multiple advocates represented the parties: Mr. Santosh Kumar for the Appellant, while respondents were represented by Mr. Abhishek Anand and Mr. Karan Kohli for the Resolution Professional, Mr. Gauravdeep Bhal for Respondent-6, Mr. Mahesh Kumar and Ms. Shree for Respondent-3, and Mr. Ankit Raj for the Committee of Creditors.
Final Outcome
The tribunal adjourned all appeals, listing them for the next hearing on August 20, 2026. The order explicitly states "No time left" as the reason for adjournment, indicating procedural scheduling without substantive ruling on the merits of the cases.
Topics: Insolvency Appeals, NCLAT Proceedings, Adjournment