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

Order Date: 08 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected Company Appeals filed under the Insolvency and Bankruptcy Code:

  • Company Appeal (AT) (Insolvency) No. 844 of 2026 & I.A. No. 3335 of 2026: Aegis Resolution Services Private Limited (Appellant) versus Praxis Home Retail Limited & Ors. (Respondents)
  • Company Appeal (AT) (Insolvency) No. 771 of 2026: Resolution Professional of Ojas Tradelease and Mall Management Private Limited and Anr. (Respondents)
  • Company Appeal (AT) (Insolvency) No. 772 of 2026: Praxis Home Retail Limited (Appellant) versus Resolution Professional of Ojas Tradelease and Mall Management Private Limited & Ors. (Respondents including Aegis Resolution Services Private Limited)

The appeals involve multiple parties including Aegis Resolution Services Private Limited, Praxis Home Retail Limited, and Ojas Tradelease and Mall Management Private Limited, indicating a complex inter-company insolvency matter.

Final Outcome

The NCLAT bench comprising Justice N. Seshasayee (Member Judicial) and Barun Mitra (Member Technical) issued a procedural order:

  • All three appeals are adjourned and listed for next hearing on 14th July, 2026
  • The interim order currently in operation will continue until the next date of hearing
  • Parties are permitted to complete their pleadings
  • Those who have not filed hard copies are permitted to file them before the next date

Topics: Insolvency Proceedings, NCLAT Adjournment, Corporate Litigation