Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected appeals: Comp. App. (AT) (Ins) No. 441 of 2026 and Comp. App. (AT) (Ins) No. 442 of 2026. Both appeals were filed by Wescon Housing India Pvt. Ltd. through its Director Jesal P Thakkar against respondents including Pankaj Ramandas Majithia and others. The respondents were represented by counsel for the Resolution Professional (R-1). The proceedings were conducted in hybrid mode with legal counsel present for all parties.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned both appeals due to time constraints. The matters were listed for next hearing on August 31, 2026. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment