Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected Company Appeals (AT) (Insolvency) No. 1730 of 2026 and No. 1732 of 2026. The appellant in both appeals is Anoop Prakash Awasthi, who is the Authorised Representative of Financial Creditors in Three C Projects Pvt Ltd. The respondent in both cases is the New Okhla Industrial Development Authority (NOIDA) along with another respondent. The appeals appear to relate to insolvency proceedings involving Three C Projects Pvt Ltd. Representation included senior advocates Mr. Krishnendu Datta for the appellant and Mr. Ashish Mohan for respondent-3, along with other advocates for the parties.
The Tribunal noted that the Registry reported a caveat had been filed in the appeal, and the appellant's counsel submitted that they had served the caveator's counsel. However, due to paucity of time, the appeals could not be heard on merits.
Final Outcome
The NCLAT adjourned both appeals to October 6, 2026. The Tribunal directed the appellant to again serve the learned counsel for the Caveator and file an affidavit of service by the next date of listing. The appellant's counsel was also permitted to bring on record any documentary evidence through an affidavit. The matter remains pending for substantive hearing.
This content describes procedural adjournment without substantive financial or insolvency resolution details and may not be financially relevant for market analysis at this stage.