Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has listed five interconnected insolvency appeals for hearing on 15 September 2026. The appeals involve multiple parties across different cases:
- Company Appeal (AT) (Insolvency) No. 1514 of 2026: State Bank of India (Appellant) vs. Ajay Kumar Agarwal & Anr. (Respondents)
- Company Appeal (AT) (Insolvency) No. 1515 of 2026: State Bank of India (Appellant) vs. Ajay Kumar Agarwal & Anr. (Respondents)
- Company Appeal (AT) (Insolvency) No. 1516 of 2026: Adone Hotels & Hospitality Ltd. (Formerly DLF Hilton Hotels Ltd.) (Appellant) vs. Ajay Kumar Agarwal (Resolution Professional), Avani Projects & Infrastructure Ltd. & Ors. (Respondents)
- Company Appeal (AT) (Insolvency) No. 1517 of 2026: Adone Hotels & Hospitality Ltd. (Formerly DLF Hilton Hotels Limited) (Appellant) vs. Ajay Kumar Agarwal (Resolution Professional), Avani Projects & Infrastructure Ltd. & Ors. (Respondents)
- Company Appeal (AT) (Insolvency) No. 1659 of 2026 & I.A. No. 6333 of 2026: Kolkata Municipal Corporation (Appellant) vs. Ajay Kumar Agarwal (Resolution Professional) & Ors. (Respondents)
All cases feature Ajay Kumar Agarwal as the Resolution Professional for Avani Projects & Infrastructure Ltd. The appeals appear to be connected through the corporate insolvency resolution process of Avani Projects & Infrastructure Ltd.
Final Outcome
The NCLAT, through its Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, has directed that all these appeals be listed for hearing on 15 September 2026. This is a procedural order that schedules the matters for further hearing without deciding any substantive issues.
Topics: Insolvency Proceedings, Corporate Litigation, Banking Disputes