Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard a procedural matter in Comp. App. (AT) (Ins) No. 1190 of 2026. The appeal has been filed by Sanjay Vijay Jeswani, the Erstwhile Resolution Professional of North Hinjewadi Developers Pvt. Ltd., against Asset Reconstruction Company (India) Ltd. (Respondent No. 1) and another respondent (Respondent No. 2). The tribunal noted that notice had been received on behalf of Respondent No. 1 through their advocate Mr. Ajeem Parvez, and notice had been issued to Respondent No. 2 through their advocate Mr. Siddharth Grover.
Final Outcome
The NCLAT directed the respondents to file a short reply or reply within ten days from 09 July 2026, with an advance copy to the appellant's counsel. The appellant was granted permission to file a rejoinder, if any, within a week after receiving the replies. The appeal has been listed for hearing on 28 July 2026, and it will be heard among the first five cases of the cause list.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation