Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 19.08.2026
Case Overview
This is an order in Comp. App. (AT) (Ins) No. 482 of 2026 and connected I.A. No. 1786 and 1851 of 2026. The appellants are Surender Kumar Singhal and Another, and the respondents are Anand Sonbhadra (Chairman of the Implementation and Monitoring Committee for Shubhkamna Buildtech Pvt. Ltd.) and Another. The matter is an insolvency appeal. During the hearing, it was noted that a related appeal, Comp. App. (AT) (Ins) No. 1107 of 2023, which is against the approval of the resolution plan for the same corporate debtor, is being heard by a coordinate bench of the NCLAT. That matter has been reserved for judgment.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Ajai Das Mehrotra, adjourned the present appeal. The next date of hearing is scheduled for October 14, 2026. The outcome of the related appeal (No. 1107 of 2023) is awaited as it is reserved for judgment.
Topics: Insolvency, Legal Proceedings