Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi

Order Date: 16 September 2026

Case Overview

This is an appeal filed before the National Company Law Appellate Tribunal (NCLAT) in Comp. App. (AT) (Ins) No. 1318-1320 of 2026. The appellant is Mukesh Gupta, the erstwhile Resolution Professional (RP) for Kalka Homes Developers Pvt. Ltd. The respondents include Dr. Mukesh Kumar Agarwal and others. The Tribunal, after hearing the learned counsel for the appellant and the learned counsel appearing for the Interim Resolution Professional (IRP), formed the considered opinion that the matter requires consideration.

Final Outcome

The NCLAT admitted the appeal for consideration. The Tribunal issued notice to all other respondents. The appellant was directed to take necessary steps along with the process fee and requisites within three working days from the order date. The counsel for the IRP, Shri S.K. Sharma, received the notice and was granted two weeks' time to file a reply, with an advance copy to be provided to the appellant's counsel. The appellant's counsel was granted one week thereafter to file a rejoinder if they so wished. The case has been listed for the next hearing on 14 October 2026 under the caption 'For Admission (After Notice)'.

Topics: Insolvency Appeal, NCLAT Proceeding, Real Estate