Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1030 of 2024 along with I.A. No. 7852 of 2024. The appellants are N.K Singh and another individual, identified as financial creditors (homebuyers) of the corporate debtor Sarvottam Realcon Pvt. Ltd. The respondent is Sandeep Goel, the Resolution Professional of Sarvottam Realcon Pvt. Ltd. The appeal appears to challenge certain actions or decisions of the Resolution Professional in the corporate insolvency resolution process of the company. The matter was heard by a bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).
Final Outcome
The NCLAT issued a procedural order directing that the appeal be listed for hearing on 06 October 2026. The order does not contain any substantive discussion of the case merits, findings on allegations, or interim directions. The matter was simply adjourned to the future date for further proceedings.
Topics: Insolvency Appeal, Homebuyers, Real Estate