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 Company Appeal (AT) (Insolvency) No. 889 of 2026 between Shreenathji Realmart Pvt. Ltd. (Appellant) and Tirupati Balaji Enterprises Pvt. Ltd. & Anr. (Respondents). The proceedings included an intervention application (I.A. No. 3986/2026) filed by suspended directors seeking to intervene in the appeal. Multiple legal representatives appeared for various parties: Mr. Abhijeet Sinha (Senior Advocate) with Mr. Nipun Gautam and Ms. Komal Abrol for the Appellant; Mr. Abhishek Anand, Ms. Nivedita Chauhan, Ms. Komal Singh, and Ms. Tanvi Mahajan for the Impleader in I.A. No. 3986/2026; Mr. Anurag Kalavatiya for the Resolution Professional; and Ms. Anubha Singh for the Liquidator.
Final Outcome
The NCLAT allowed the intervention application filed by the suspended directors, permitting them to intervene in the appeal. The tribunal scheduled the next hearing in the matter for 2nd July 2026. The order was passed by Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical).
Topics: Insolvency Appeal, NCLAT Procedure, Director Intervention