Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) issued a procedural order in Company Appeal (AT) (Insolvency) No. 1105 of 2026. The appeal has been filed by Narender Kumar Sharma against the Insolvency and Bankruptcy Board of India (IBBI) through its Disciplinary Committee. The matter involves disciplinary proceedings initiated by IBBI against the appellant.
Multiple legal representatives appeared during the hearing: For the Appellant - Mr. Krishnendu Dutta and Mr. Abhijeet Sinha, Senior Advocates with Mr. Karan Gandhi, Mr. Sikhar Tiwari, Ms. Vidhikaa Kapoor, Ms. Riyu Jain and Mr. Pratham Bansal, Advocates, along with Ms. Mahima Ahuja for the applicant in I.A. No. 4454/2026. For the Respondent - Ms. Madhavi Divan, Senior Advocate with Ms. Amrita Singh, Mr. Sanket Khandelwal and Mr. Prasang Sharma for IBBI, along with Ms. Eshna Kumar for Allottee of Indirapuram and Ms. Nivedita Chauhan for the Intervenor.
Final Outcome
The tribunal directed that the matter be listed for hearing along with connected case Comp. App. (AT) (Ins.) No. 1609/2025 before the bench comprising Hon'ble Mr. Justice N. Seshasayee (Member Judicial) and Hon'ble Mr. Barun Mitra (Member Technical) on 13th July, 2026 at 03:00 PM. The order was passed by Justice Yogesh Khanna (Officiating Chairperson) and Indevar Pandey (Member Technical).
Topics: NCLAT Proceedings, IBBI Disciplinary Matter, Insolvency Regulation