Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: August 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard I.A. No. 5437 of 2026 in Comp. App. (AT) (Ins.) No. 406 of 2022. The application was filed by Ram Kishor Arora, Suspended Director of Supertech Ltd., against Union Bank of India & Another. The application sought directions to the Interim Resolution Professional (IRP) to supervise and facilitate the time-bound transition of maintenance and facility management of Supertech Araville, Sector-79, Gurugram from Respondent No. 5 to the Applicant Association or to a Facility Management Agency appointed by the Applicant Association, subject to IRP approval and supervision.
The Learned Counsel for the Appellant argued that similar applications had been allowed by the tribunal in two other cases: IA No. 5459 of 2025 (order dated February 23, 2026) and IA No. 8083 of 2024 (order dated March 18, 2025), establishing precedent for such maintenance transition requests.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson) and Ajai Das Mehrotra (Member Technical) issued notice on the application and listed the matter for next hearing on September 9, 2026. The tribunal did not make any final ruling on the maintenance transition request at this stage, only acknowledging the application and setting it for future consideration.
Topics: Corporate Insolvency, Real Estate Maintenance, NCLAT Proceedings