NCLAT Admits Suspended Directors' Intervention in Shreenathji Realmart Appeal

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

Order Date: 29th June 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard an application in Company Appeal (AT) (Insolvency) No. 889 of 2026. The appeal involves Shreenathji Realmart Pvt. Ltd. as the appellant versus Tirupati Balaji Enterprises Pvt. Ltd. & Anr. as respondents. The suspended directors of one of the parties filed an intervention application (I.A. No. 3986/2026) seeking to be heard in the appeal proceedings.

Final Outcome

The NCLAT allowed the intervention application, permitting the suspended directors to intervene in the appeal. The tribunal also scheduled the next hearing for the main appeal on 2nd July 2026. The bench comprised Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical).

Topics: NCLAT Proceedings, Insolvency Appeal, Intervention Application