Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 21, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard multiple interconnected appeals and contempt cases related to the corporate insolvency resolution process of Shree Ram Urban Infrastructure Ltd. The matters involve several parties including Truvisory Insolvency Professional Pvt. Ltd. (Resolution Professional of Shree Ram Urban Infrastructures Ltd.), Indiabulls Housing Finance Ltd. (financial creditor), Urbanbliss Realty Services Pvt. Ltd. (homebuyer/appellant), Vikas Kasliwal (appellant), and Sammaan Capital Ltd. (appellant). The cases include Comp. App. (AT) (Ins) Nos. 983, 984, 1061, 1063, 66, 982, and 1892 of 2021-2024, along with multiple interlocutory applications and contempt cases (Contempt Case (AT) Nos. 17, 21 of 2022 and 15 of 2023).
Final Outcome
The NCLAT Bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned all matters due to lack of time for hearing. The appeals and connected applications are listed for next hearing on August 13, 2026.
Topics: Corporate Insolvency, Real Estate Sector, NCLAT Proceedings