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

Order Date: 21st August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), heard Comp. App. (AT) (Ins) No. 1550 of 2026. The appeal was filed by a consortium consisting of SSR Townships Pvt Ltd and an individual, Sanjeev Mitla, against respondents Manoj Kulshrestha & Anr. The nature of the underlying insolvency proceeding was not detailed in this procedural order. Representation included Mr. Lakshay Agarwal for the appellants and a team of advocates including Mr. Sumesh Dhawan, Ms. Vatsala Kak, Mr. Chirag Bhati, and Mr. Sagar Thakkar for Respondent-1/The Resolution Professional (RP), and Mr. Karan Gandhi for Respondent-2.

Final Outcome

The bench adjourned the hearing of the appeal due to a paucity of time. The matter was relisted for the next hearing on 24th August 2026 under the same caption before the same bench. No substantive issues relating to the insolvency appeal were addressed or decided in this order.

Topics: NCLAT, Insolvency Appeal, Adjournment