Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 06 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1664 of 2026 along with an interlocutory application IA No. 6359 of 2026. The appeal was filed by S N Damani Developers LLP (Appellant) against Advani Builders Pvt. Ltd. & Others (Respondents). The matter concerns a delay condonation application (IA No. 6359 of 2026) filed by the appellant.
During the hearing, counsel for Respondent No. 1 (Advani Builders Pvt. Ltd.), Ms. Anannya Ghosh (holding briefs for Ms. Shubhangi Pandey), submitted under instructions that her client would not file any reply specifically concerning the delay condonation application.
Final Outcome
The Tribunal admitted the delay condonation application for consideration and issued notice to the remaining respondents (other than Respondent No. 1) regarding IA No. 6359 of 2026. The appellant was directed to complete all necessary steps along with requisites and process fee within three working days from the order date. The case has been listed for the next hearing on 17 November 2026 'For Admission (After Notice)'.
The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Topics: NCLAT Proceeding, Delay Condonation, Real Estate Dispute