Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected appeals filed against Value Infracon Pvt. Ltd. The first appeal, Comp. App. (AT) (Ins) No. 2358 of 2024, was filed by Sudeep Jain HUF (through authorised representative Ritika Jain). The second appeal, Comp. App. (AT) (Ins) No. 2359 of 2024, was filed by Vastu Real Estate Pvt. Ltd. Both appeals list Value Infracon Pvt. Ltd. & Anr. as Respondents. The Appellant in both matters was represented by Advocate Mr. Shubham Janghu. The appearance for the Respondents was not marked on the record.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was no time left to hear the matters. Consequently, the tribunal adjourned the hearings and listed both appeals for the next hearing on 27 August 2026. The order was passed in hybrid mode. No substantive hearing or decision on the merits of the appeals occurred on this date.
Topics: NCLAT, Adjournment, Corporate Insolvency