Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 28.09.2026
Case Overview
This interim application (I.A. No. 6259 of 2026) arises from Comp. App. (AT) (Ins) No. 1063 of 2021, with Urbanbliss Realty Services Pvt. Ltd. as the appellant and Truvisory Insolvency Professional Pvt. Ltd. (RP of Shree Ram Urban Infrastructure Ltd.) and others as respondents. During deliberations, the Tribunal noted that not all Committee of Creditors (CoC) members of the Corporate Debtor had been impleaded as parties to this application. Additionally, parties from connected appeals were also not arrayed as respondents.
The Tribunal directed the applicant Resolution Professional to file an amended memo of parties within seven days, including all CoC members and all other parties from connected appeals as respondents. The RP was further directed to serve all parties of all connected appeals again, despite arguments that service had already been effected. An affidavit of service must also be filed by the applicant.
During the proceedings, counsel Mr. Ankit Virmani submitted that he had filed IA No. 6881 of 2026 on behalf of Bhiwandiwala Building Cooperative Housing Society (Proposed), representing occupants of a society for which directions were being sought from the Tribunal. The Tribunal permitted this intervention.
Final Outcome
The Tribunal directed the Resolution Professional to implead Bhiwandiwala Building Cooperative Housing Society (Proposed) as a respondent in the application and include it in the amended memo of parties. The matter was listed for further hearing on 09.10.2026 along with all connected appeals.
Topics: NCLAT Procedure, Committee of Creditors, Intervention Application