Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 12 October 2026
Case Overview
This order pertains to Comp. App. (AT) (Ins) No. 1949 of 2026 and an associated Interlocutory Application (I.A. No. 7397 of 2026). The appellants are Vijay Ballabh Bhatt and Another. The respondent is Indirapuram Habitat Centre Pvt. Ltd. The Tribunal heard learned counsel for the appellant and perused the record. Notice was issued for the appeal. The counsel for the respondent, Mr. Nikhil Kumar Jha, acknowledged receipt of the notice for both the appeal and the delay condonation application.
Final Outcome
The respondent's counsel was granted two weeks' time to file a reply to the appeal, with an advance copy to be provided to the appellant's counsel. The appellant's counsel was, in turn, granted the subsequent one week to file a rejoinder if they so wished. The appeal was listed for its next hearing on 20 November 2026 under the caption "After Notice". The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Topics: NCLAT, Corporate Insolvency, Legal Proceedings