Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 12th October 2026
Case Overview
This order pertains to two interconnected insolvency appeals: Comp. App. (AT) (Ins) No. 1550 of 2026 (with I.A. No. 5948 of 2026) and Comp. App. (AT) (Ins) No. 1551 of 2026 (with I.A. No. 5952 and 6975 of 2026). The appellants in both appeals are the Consortium of SSR Townships Pvt. Ltd. and an individual, Sanjeev Mitla. The respondents include Manoj Kulshrestha & Anr. The appeals were listed for hearing on 12th October 2026. Multiple legal representatives were present, including Mr. Ashish Verma, Mr. Nikhil Thakur, Ms. Kriti, Mr. Mrinal Harsh Vardhan, Mr. Lakshay Agarwal, and Ms. Vanshika Agrawal for the appellants. For the respondents, Mr. Abhishek Anand and Ms. Palak Kalra appeared for an intervenor in I.A. No. 6975/2026. Mr. Arpit Dwivedi and Mr. Raghav Dembla appeared in I.A. No. 6975 of 2026. Mr. Sumesh Dhawan, Ms. Vatsala Kak, and Mr. Sagar Thakkar appeared for Respondent-3, and Mr. Karan Gandhi appeared for Respondent-2.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was 'no time left' to hear the matters on the scheduled date. Consequently, the Tribunal adjourned the hearings and relisted both appeals for the next date of hearing on 28th October 2026. The order does not disclose the underlying subject matter of the insolvency dispute or the reliefs sought in the appeals and interim applications.
Topics: NCLAT Proceeding, Case Adjournment