Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13 July 2026
Case Overview
The order pertains to Comp. App. (AT) (Ins) No. 651 of 2022 along with two Interlocutory Applications (I.A. No. 3191 of 2025 and I.A. No. 868 of 2026). The appellant is Straight Edge Contracts Pvt. Ltd., represented through its Director Anil Kumar Jain. The respondents include Rakesh Kumar Gupta in his capacity as the Resolution Professional for Three C Universal Developers Pvt. Ltd. and others. The matter was presented before a bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical).
Final Outcome
The tribunal did not pass any substantive order on the merits of the case. The hearing was adjourned due to a lack of time, with the bench stating "No time left." The appeal has been relisted for the next hearing on 12 August 2026. The order is purely procedural and does not contain any findings on the underlying dispute.
Topics: Insolvency Appeal, NCLAT, Adjournment