Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 25, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) No. 98 of 2025. The appeal involves SGY Properties Pvt. Ltd. as the appellant and Piccadily Hotels Pvt. Ltd. as the respondent. Multiple advocates represented both parties: Mr. Sunder Khatri, Mr. Naman Khatri, and Mr. Shital Khatri appeared for the appellant, while Ms. Pratiksha Sharma, Mr. Ankit Acharya, Ms. Ritu Choudhary, Mr. Ayush Jain, and Mr. Mukesh Kumar represented the respondent.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Arun Baroka (Member Technical) adjourned the matter and listed the appeal for next hearing on October 29, 2026. The order was passed in hybrid mode, indicating both physical and virtual hearing options were available.
Topics: NCLAT Proceeding, Corporate Legal Dispute, Adjournment