Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected insolvency appeals involving real estate developer C&C Towers Ltd as the corporate debtor. The appeals include:
- Comp. App. (AT) (Ins) No. 16 of 2024 & I.A. No. 6655 of 2025: Filed by appellants Harpreet Singh & Others against respondents C & C Towers Ltd & Others
- Comp. App. (AT) (Ins) No. 93 of 2024: Filed by appellant Greater Mohali Area Development Authority (GMADA) against respondents Gaurav Khurana (Resolution Professional for C&C Towers Ltd) and Another
- Comp. App. (AT) (Ins) No. 125 of 2024: Filed by appellant Sushmita Dey against respondents C & C Towers Ltd & Others
Multiple legal representatives appeared for various parties, including advocates for the resolution professional, stakeholders, and respondents. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The NCLAT bench ordered that all three appeals be listed together for the next hearing on August 24, 2026. The order was issued in hybrid mode, indicating proceedings were conducted both physically and virtually.
Topics: Insolvency Proceedings, Real Estate Dispute, NCLAT Hearing