Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard I.A. No. 6259 of 2026 in Company Appeal (AT) (Insolvency) No. 1063 of 2021. The appeal involves Urbanbliss Realty Services Pvt. Ltd. as the Appellant versus Truvisory Insolvency Professional Pvt. Ltd. (Resolution Professional of Shree Ram Urban Infrastructure Ltd.) & Others as Respondents. The matter was heard in hybrid mode. Representatives for the applicant included Mr. Gaurav Mitra, Senior Advocate with other advocates. Respondents were represented by Mr. NPS Chawla and others, with additional representation for Samman Capital and an intervener (I.A. No. 6881 of 2026).
Final Outcome
The Tribunal adjourned the hearing due to paucity of time and directed that the matter be listed on September 28, 2026. The Tribunal provided an opportunity to respondents who had not filed their replies to do so by the next date of hearing. The Intervention Application (I.A. No. 6881 of 2026) filed by Mr. Ankit Virmani was ordered to be listed along with the main appeal, with the obligation that the proposed intervener provide copies of the application to all parties including other applicants.
The order was signed by Justice Mohammad Faiz Alam Khan (Member Judicial) and Arun Baroka (Member Technical).
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment