Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 30th July 2026
Case Overview
This order pertains to a cluster of seven interconnected Company Appeals (AT) (Insolvency) filed before the NCLAT. The appeals are Comp. App. (AT) (Ins) No. 1136 of 2022, Comp. App. (AT) (Ins) No. 270 of 2023, Comp. App. (AT) (Ins) No. 1085 of 2022, Comp. App. (AT) (Ins) No. 964 & 965 of 2022, Comp. App. (AT) (Ins) No. 1122 of 2022, and Comp. App. (AT) (Ins) No. 1079 of 2023. The appellants in these various appeals are Sanjay Kumar Bansal, Manan Chopra, Rambir, Amit Garg, Somesh Arora & Anr., and Anil Chopra. The common respondent in several appeals is Soni Realtors Pvt. Ltd., which appears to be the corporate debtor in the underlying insolvency resolution process. Other respondents include individuals such as Shri Manoj Kulshreshta & Ors. The appeals arise from the orders of the National Company Law Tribunal (NCLT). The legal representatives for the parties were present, including advocates for the appellants and advocates for the Erstwhile Resolution Professional (RP).
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), passed a procedural order. The tribunal noted that there was no time left to hear the matters on that day. Consequently, all appeals were adjourned and listed for the next hearing on 31st August 2026. No substantive decisions on the merits of the cases were made in this order.
Topics: Insolvency Litigation, Real Estate, Adjournment