Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1393 of 2026 between Astral Buildcon Pvt. Ltd. (Appellant) and Pramod Kumar Sharma, RP of International Recreation & Amusement Ltd. (Respondents). The matter appears to be an appeal related to insolvency proceedings. The hearing was conducted in hybrid mode with legal representation from both sides.
Final Outcome
The NCLAT granted a two-week extension to the respondents for filing their reply, with an advance copy to be provided to the appellant's counsel. The appellant was given one week thereafter to file a rejoinder if desired. The case was listed for the next hearing on November 4, 2026, under the same caption. The order was passed by Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Topics: Insolvency Appeal, Procedural Extension, NCLAT Proceedings