Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 30 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three connected appeals filed by Sandeep G. Raheja against Jayesh Natvarlal Sangrajka, the Resolution Professional for Gstaad Hotels Pvt. Ltd., and other respondents. The appeals are Comp. App. (AT) (Ins) No. 1850 of 2026, Comp. App. (AT) (Ins) No. 1851 of 2026, and Comp. App. (AT) (Ins) No. 2079 of 2026. The tribunal noted that pleadings were complete in the first two appeals, while the third appeal (No. 2079 of 2026) was appearing before them for the first time. Learned counsel for all parties agreed that this third appeal should be disposed of along with the other two appeals, though pleadings needed to be completed for it.
Final Outcome
The NCLAT ordered the consolidation of Comp. App. (AT) (Ins) No. 2079 of 2026 with the earlier two appeals. The respondents were granted exactly five days to file their reply in the third appeal, with an advance copy to be provided to the appellant's counsel. The appellant's counsel committed to not filing any rejoinder to this reply. The tribunal clarified that no further time for completion of pleadings would be granted to any party in the third appeal. All connected matters were listed for further hearing on November 5, 2026.
Topics: Insolvency Appeals, NCLAT Procedure, Corporate Litigation