Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 07.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals involving insolvency proceedings between Rajesh Real Estate Developers Pvt. Ltd. and SKAF Construction Pvt. Ltd. The appeals are cross-appeals: Company Appeal (AT) (Insolvency) No. 1237 of 2025 filed by Rajesh Real Estate Developers against SKAF Construction, and Company Appeal (AT) (Insolvency) No. 1094 of 2025 filed by SKAF Construction against Rajesh Real Estate Developers. The order does not provide details about the underlying dispute or the specific nature of the insolvency proceedings. During the hearing on October 7, 2026, no advocates appeared for Rajesh Real Estate Developers in Appeal No. 1237, while advocates Mr. Asav Rajan, Mr. Devang Shrotriya, Mr. Kashish Chadha, and Aditya Shah appeared for SKAF Construction. In the cross-appeal (No. 1094), the same advocates appeared for SKAF Construction (appellant), while no advocates appeared for Rajesh Real Estate Developers (respondent).
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical) adjourned both appeals to December 4, 2026, for further hearing. No substantive decisions were made in this order, and the matter remains pending before the tribunal.
Topics: Insolvency Proceedings, Real Estate Dispute, Legal Adjournment