Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 30 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard seven interconnected appeals (Comp. App. (AT) (Ins) Nos. 1135, 1076, 757, 758, 1015, 1143, and 1174 of 2022) along with their respective interim applications. The appeals challenge various orders related to the corporate insolvency resolution process of Soni Realtors Pvt. Ltd., a real estate company. The appellants include Sanjay Kumar Bansal, Sanjay Goyal & Anr., Capital Ventures Pvt. Ltd., Sukhjinder Singh & Anr., Rakhi Thakreja & Ors., and S. E. Investments Ltd., representing various stakeholders including likely homebuyers and financial creditors. The respondents include Soni Realtors Pvt. Ltd. and its erstwhile resolution professional, Manoj Kulshrestha. The matters were heard in hybrid mode with multiple advocates representing the parties.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned all appeals due to time constraints. The matters have been listed for next hearing on August 31, 2026. No substantive orders were passed on the merits of the cases during this hearing.
Topics: Insolvency Proceedings, Real Estate Disputes, NCLAT Adjournment