Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three interconnected company appeals related to insolvency proceedings:
1. Company Appeal (AT) (Ins) No. 844 of 2026 & I.A. No. 3335 of 2026: Aegis Resolution Services Private Limited (Appellant) versus Praxis Home Retail Limited & Others (Respondents)
2. Company Appeal (AT) (Ins) No. 771 of 2026: Hari Krushant Bhise and Others (Appellants) versus Aegis Resolution Services Private Limited (Resolution Professional of Ojas Tradelease and Management Private Limited) and Another (Respondents)
3. Company Appeal (AT) (Ins) No. 772 of 2026: Praxis Home Retail Limited (Appellant) versus Aegis Resolution Services Private Limited (Resolution Professional of Ojas Tradelease and Mall Management Private Limited) and Others (Respondents)
The appeals involve Aegis Resolution Services Private Limited in its capacity as Resolution Professional for Ojas Tradelease and Management Private Limited and Ojas Tradelease and Mall Management Private Limited. Multiple advocates represented the various parties across the three appeals.
Final Outcome
The NCLAT bench comprising Officiating Chairperson Justice Yogesh Khanna, Member (Technical) Mr. Barun Mitra, and Member (Technical) Mr. Ajai Das Mehrotra adjourned all three appeals to 8 December 2026, citing lack of time for hearing. The interim order currently in place was directed to continue until the next hearing date.
Topics: Insolvency Appeals, Corporate Litigation, NCLAT Proceedings