Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 651 of 2022 along with I.A. No. 3191 of 2025 and 868 of 2026. The appeal was filed by Straight Edge Contracts Pvt. Ltd. through its Director Anil Kumar Jain against Rakesh Kumar Gupta (the Resolution Professional for Three C Universal Developers Pvt. Ltd. & Ors.) and other respondents. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Arun Baroka (Member Technical).
Final Outcome
The tribunal noted "No time left" and adjourned the hearing. The appeal was listed for the next hearing on November 25, 2026. No substantive proceedings or rulings on the merits of the case occurred during this hearing.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment