Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed against the Resolution Professional of Renaissance Indus Infra Pvt. Ltd. The appeals are Comp. App. (AT) (Ins) No. 927 of 2026 (filed by Upendra Nagindas Parikh) and Comp. App. (AT) (Ins) No. 928 of 2026 (filed by Ketan Rajmal Shah). Both appellants are represented by advocates Mr. Siddharth Nath, Mr. Asjad Hussain, Mr. Anunay Chowdhary, and Mr. Ritik Kanoujia. The respondents (Birendra Kumar Agarwal as Resolution Professional of Renaissance Indus Infra Pvt. Ltd. and another) were not represented during this hearing. The matter involves delay condonation applications (I.A. No. 3684 of 2026 and I.A. No. 3689 of 2026) filed along with the main appeals.
Final Outcome
The NCLAT bench comprising Justice Ashok Bhushan (Chairperson) and Barun Mitra (Member Technical) issued notice on the delay condonation applications. The Tribunal directed that replies to the delay condonation applications must be filed within two weeks from the order date (by July 17, 2026). Any rejoinder must be filed before the next hearing date. Both appeals have been listed for further hearing on July 27, 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, NCLAT Procedure, Delay Condonation