Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Bench: Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), Ajai Das Mehrotra (Member - Technical)
Order Date: 06 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two interconnected Company Appeals filed under the Insolvency and Bankruptcy code. The appeals are numbered Company Appeal (AT) (Insolvency) No. 1530 of 2026 (with I.A. No. 5879 of 2026) and Company Appeal (AT) (Insolvency) No. 1533 of 2026 (with I.A. No. 5885 of 2026).
The appellants in the first appeal are the Legal Representatives (LRs) of the late Sanjeev Garg, namely Seema Garg & Others. The appellant in the second appeal is Seema Garg individually. The common respondent in both appeals is Rahul Jindal, who is the Resolution Professional for Samar Estates Private Limited, along with other respondents.
The appeals arise from proceedings related to the Corporate Insolvency Resolution Process (CIRP) of Samar Estates Private Limited.
Final Outcome
The bench noted that no time was left for hearing the matters on the scheduled date. Consequently, the NCLAT did not pass any substantive order on the merits of the appeals and merely adjourned the hearing. Both appeals were listed to be heard again on the next date of hearing, which is 04 December 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, NCLAT, Adjournment