Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 2, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 889 of 2026, an insolvency appeal between Shreenathji Realmart Pvt. Ltd. (Appellant) and Tirupati Balaji Enterprises Pvt. Ltd. & Anr. (Respondents). The hearing involved multiple legal representatives: Mr. Abhijeet Sinha (Senior Advocate) with Mr. Nipun Gautam for the Appellant; Mr. Anurag Kalawatiya, Ms. Parul Singhal, and Resolution Professional Ms. Garima Diggiwal in person for the Respondents; Ms. Anubha Singh for the liquidator; advocates for intervenors; and Mr. Akraj Kumar (Standing Counsel) with Mr. Aakarsh Mishra and Mr. Akshat Khanna for the Enforcement Directorate (ED).
The Enforcement Directorate informed the tribunal that they are in the process of preparing an application to be filed in this appeal. The nature of the ED's intended application or the underlying subject matter of the insolvency appeal itself is not detailed in this specific order.
Final Outcome
The NCLAT bench, chaired by Justice Ashok Bhushan with Member (Technical) Barun Mitra, granted the Enforcement Directorate one week to file its application. The appeal was adjourned and listed for next hearing on July 15, 2026. The order is procedural and does not contain a substantive ruling on the merits of the case.
Topics: Insolvency Appeal, Adjournment, Enforcement Directorate