Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 7 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two interconnected appeals filed between Rajesh Real Estate Developers Pvt. Ltd. and SKAF Construction Pvt. Ltd. The appeals are 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 nature of the underlying insolvency dispute is not detailed in this procedural order. The hearing was conducted in hybrid mode.
Final Outcome
The three-member bench, comprising Officiating Chairperson Justice Yogesh Khanna and Technical Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra, did not hear any substantive arguments on the merits of either appeal. The order notes that in Appeal No. 1237 of 2025, counsel for the Appellant (Rajesh Real Estate) was absent, while in Appeal No. 1094 of 2025, counsel for the Respondent (Rajesh Real Estate) was absent. Consequently, the bench adjourned the matter and listed both appeals for the next hearing on 25 November 2026. No other directions were issued.
Topics: NCLAT, Insolvency Appeal, Real Estate