Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13th August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals involving GIC Housing Finance Ltd as the respondent. The first appeal (Comp. App. (AT) (Ins) No. 507 of 2026) was filed by Truvisory Insolvency Professionals Pvt. Ltd., acting as the Resolution Professional of Karrm Infrastructure Pvt. Ltd., against GIC Housing Finance Ltd. The second appeal (Comp. App. (AT) (Ins) No. 354 of 2026) was filed by VSJ Investments Pvt. Ltd. against GIC Housing Finance Ltd. & Anr. The hearing was conducted in hybrid mode with legal representatives from both parties present. For the appellants, senior advocates Mr. Abhijet Sinha and Mr. Mayank Mishra represented their respective cases along with their legal teams. For the respondents, advocates Kavisha Shah and Mr. Aayush Agarwala with Utkarshani Srivastava represented GIC Housing Finance Ltd.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical) ordered that both appeals be listed for hearing on 18th September 2026. The order represents a procedural adjournment without any substantive decision on the merits of the cases.
Topics: NCLAT Proceedings, Housing Finance, Insolvency Appeal