Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed five interconnected appeals related to the insolvency proceedings of Gigeo Construction Company Pvt. Ltd. The appeals involve challenges from various parties including Subhash Ganpatrao Buty HUF (through its Karta Subhash Ganpatrao Buty), Durga Changanlal Patel, and MKS Constro Venture Pvt. Ltd. The appellants are challenging actions or decisions of Pankaj Bhattad, the Resolution Professional of Gigeo Construction Company Pvt. Ltd., and the Monitoring Committee of the company. The appeals are being heard together as they pertain to the same corporate insolvency resolution process.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) directed all parties to complete their pleadings in the appeals. The tribunal listed the matters for next hearing on October 28, 2026. No substantive decisions on the merits of the appeals were made in this order, which primarily addresses procedural scheduling.
Topics: Corporate Insolvency, NCLAT Proceedings, Construction Sector