NCLAT Adjourns SSR Townships Insolvency Appeal to Oct 28

Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi

Order Date: October 12, 2026

Case Overview

The 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 & 6975 of 2026). The appellant in both cases is the Consortium of SSR Townships Pvt. Ltd. along with an individual, Sanjeev Mitla. The respondent in the first appeal is Manoj Kulshrestha & Anr. Multiple advocates represented the parties, including Mr. Ashish Verma for the appellants and advocates for various respondents and an intervenor in I.A. No. 6975/2026. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).

Final Outcome

The tribunal noted that there was no time left to hear the matters on the scheduled date. Consequently, both appeals were adjourned and listed for the next hearing on October 28, 2026. No substantive hearing or decision on the merits of the case occurred.

Topics: Insolvency Appeal, Adjournment