Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 30th June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1028 of 2026, an insolvency appeal between Catalyst Trusteeship Ltd. (Appellant) and Neelkanth Realtors Ltd. & Anr. (Respondents). The proceeding is at a preliminary stage, focusing on scheduling rather than substantive matters. The appellant was represented by advocates Mr. Pranav Khanna and Varun Kalra, while the respondents were represented by advocates Mr. Vishesh Kalra and Sonia Sharma.
Final Outcome
The bench, comprising Chairperson Justice Ashok Bhushan and Member (Technical) Mr. Barun Mitra, issued a procedural order. Granting a request made by the respondents, the tribunal adjourned the hearing and listed the matter for the next hearing on 3rd August 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, NCLAT Proceeding, Real Estate