Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed four interconnected insolvency appeals for hearing. The appeals were filed by Bindu Kapoor, the suspended director of four companies within the Imagine Group, against Mamta Binani, the Interim Resolution Professional (IRP) appointed for these companies. The appeals involve the following companies: Imagine Estate Pvt. Ltd. (Comp. App. (AT) (Ins) No. 933 of 2026), Imagine Home Pvt. Ltd. (Comp. App. (AT) (Ins) No. 934 of 2026), Imagine Residence Pvt. Ltd. (Comp. App. (AT) (Ins) No. 935 of 2026), and Imagine Habitat Pvt. Ltd. (Comp. App. (AT) (Ins) No. 943 of 2026). The order represents a procedural scheduling decision without any substantive ruling on the merits of the insolvency matters.
Final Outcome
The Tribunal directed that all four appeals be listed for hearing on August 24 and 25, 2026, at 12:00 noon. This is a procedural order that merely schedules the matters for future hearing without addressing the substantive issues raised in the appeals.
This content may not be financially relevant