Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 14th September, 2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellant is Shailendra Kataria, who is acting as the representative of a class of creditors identified as homebuyers. The respondent is Manish Lalji Dawda, the Resolution Professional (RP) of Wadhwa Buildcon LLP. The order is procedural and does not delve into the substantive allegations or background of the underlying corporate insolvency resolution process. The nature of the appeal suggests it pertains to challenges against decisions or actions taken by the Resolution Professional in the insolvency proceedings of the real estate firm.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, issued a procedural directive to adjourn the hearing of the appeal. The next date of hearing is scheduled for 14th October, 2026. The tribunal also ordered that an existing interim order, the specifics of which are not detailed in this excerpt, shall continue to remain in effect until the next hearing.
Topics: Insolvency Litigation, Real Estate