NCLAT Issues Notice in CoC Appeal on RERA Decree Set-Off

The National Company Law Appellate Tribunal (NCLAT) has issued notice in an appeal filed by the Committee of Creditors (CoC) of Shree Vardhman Buildprop Pvt. Ltd.
The appeal challenges an order allowing a set-off of a RERA decree in the corporate insolvency resolution process.
The CoC argues the set-off is impermissible, and the case is distinct from the Bharti Airtel precedent cited below.
The NCLAT has granted time for replies and listed the matter for hearing on 8th May 2026.