Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 16 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed an insolvency appeal for hearing on 18 August 2026. The appeal (Comp. App. (AT) (Ins) No. 937 of 2026) has been filed by Paridhi Sharma & Others against Chaya Gupta, the Resolution Professional of JSM Devcon Pvt Ltd, and Other Respondents. The appeal challenges proceedings in the corporate insolvency resolution process of JSM Devcon Pvt Ltd, a real estate company. During the hearing on 16 July 2026, conducted in hybrid mode, advocates Mr. Ayush Puri and Ms. Urvija Sharma represented the appellants, while no representation appeared for the respondents.
Final Outcome
The tribunal, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, directed the matter to be listed for hearing on 18 August 2026. No substantive order was passed on the merits of the case at this stage.
Topics: Insolvency Appeal, Real Estate, NCLAT