Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21st September, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1787 of 2026. The appellant is Amit Kumar Sharma, who appears as the SPA (Special Power of Attorney) Holder of Financial Creditors in a class. The respondents are Metcalfe Properties Pvt. Ltd. through its Resolution Professional and others.
The appeal involves insolvency proceedings against Metcalfe Properties Pvt. Ltd., a real estate company. The appellant is represented by Mr. Sanjeev Sagar, Senior Advocate, along with Dr. Bajpai, Mr. Bikash Das, Mr. Ashish Kr., and Mr. Shobit Sabharwal as advocates. The respondents are represented by Mr. Abhishek Anand, Mr. Karan Kohli, and Ms. Anurima Gupta as advocates for the Resolution Professional.
The bench comprised Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Final Outcome
The NCLAT adjourned the hearing of the appeal to September 25, 2026, citing that "no time left today" for further proceedings. The order was passed in hybrid mode. The matter remains pending before the tribunal without any substantive decision on the merits of the case.
Topics: Insolvency Appeal, Real Estate, NCLAT