Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 28, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard an insolvency appeal numbered Comp. App. (AT) (Ins) No. 1709 of 2023. The appeal involves Improve Vyapaar Pvt. Ltd. as the appellant and VAA Developers Pvt. Ltd. as the respondent. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical). The hearing was conducted in hybrid mode. Representatives for the appellant included advocates Mr. Utkarsh Misra and Ms. Shraddha Joshi.
Final Outcome
The tribunal noted that no time was available to hear the matter substantively on July 28, 2026. Consequently, the appeal was adjourned and listed for the next hearing on August 17, 2026. No substantive proceedings, arguments, or decisions on the merits of the case occurred during this hearing.
Topics: NCLAT Proceedings, Insolvency Appeal, Corporate Litigation