Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 9, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing multiple interconnected appeals and contempt cases related to the corporate insolvency resolution process of Shree Ram Urban Infrastructures Ltd. The cases involve the Resolution Professional (Truvisory Insolvency Professional Pvt. Ltd.), financial creditors (India Bulls Housing Finance Ltd.), allottees/homebuyers (Urbanbliss Realty Services Pvt. Ltd.), and other parties including Vikas Kasliwal and Sammaan Capital Ltd. The proceedings include Comp. App. (AT) (Ins) Nos. 983, 984, 1061, 1063, 66, 982, and 1892 of various years, along with associated Interlocutory Applications and Contempt Cases (AT) Nos. 17, 21, and 15 of 2022-2023.
Final Outcome
The tribunal adjourned all connected appeals and listed them for hearing on October 13, 2026, citing "no time left" for hearing on the current date. Liberty was granted to the learned counsel for the parties to mention these appeals out of turn for hearing. The order was passed by Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Topics: Insolvency Proceedings, Real Estate Dispute, NCLAT Adjournment