Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 08 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order listing five interconnected appeals for hearing. The appellant in all cases is Ashdan Properties Private Ltd., acting through its authorised representative. The appeals are filed against various entities within the Rolta group, which are named as respondents across the different cases:
- Comp. App. (AT) (Ins) No. 1716 of 2024: Against Rolta International Inc & Ors.
- Comp. App. (AT) (Ins) No. 1724 of 2024: Against Rolta Overseas Pvt. Ltd. & Ors.
- Comp. App. (AT) (Ins) No. 1745 of 2024: Against Rolta Bi and Big Data Analytics Pvt. Ltd. & Ors.
- Comp. App. (AT) (Ins) No. 1746 of 2024: Against Rolta Pvt. Ltd. & Anr.
- Comp. App. (AT) (Ins) No. 1747 of 2024: Against Rolta Middle East FZ LLC & Ors.
The nature of the proceedings is indicated by the "(Ins)" suffix in the case numbers, signifying they are filed under the Insolvency and Bankruptcy Code, 2016. The legal representation for the appellant, Ashdan Properties, is led by Mr. Sandeep Bajaj, along with Aakaksha Mehra and Shubham Jaiswal. The various Rolta respondents are represented by Mr. Arjit Mazumdar, Shambo Nandy, and primarily by Mr. Pallav Saxena. The order was passed in hybrid mode by a bench comprising Justice N Seshasayee (Member - Judicial) and Barun Mitra (Member - Technical).
Final Outcome
The NCLAT has directed that these appeals be listed next for hearing on 21st August, 2026. This is a procedural order that only schedules the next date of hearing and does not contain any substantive decision on the merits of the appeals.
Topics: NCLAT, Insolvency Appeals, Corporate Litigation