Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06 October 2026
Case Overview
This is a procedural order from the National Company Law Appellate Tribunal (NCLAT) concerning five interconnected Company Appeals filed under the Insolvency and Bankruptcy Code. The appeals are listed together: Comp. App. (AT) (Ins) No. 1514, 1515, 1516, 1517, and 1659 of 2026. The appellants in these cases are significant entities: State Bank of India (in two appeals), Adone Hotels & Hospitality Ltd (formerly DLF Hilton Hotels Ltd, in two appeals), and the Kolkata Municipal Corporation (in one appeal). A common respondent across all appeals is Mr. Ajay Kumar Agarwal, who is identified as the Resolution Professional for Avani Projects & Infrastructure Ltd. The nature of the specific disputes or the grounds for appeal are not detailed in this procedural order. The bench comprised Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical). Numerous senior advocates and their legal teams represented the various parties.
Final Outcome
The Tribunal did not issue a substantive ruling on the merits of the appeals. The final outcome of this order is purely procedural, directing that all five appeals be listed for hearing on two specific future dates: 06 November 2026 and 17 November 2026, both at 12:00 noon. The mode of hearing is noted as 'Hybrid'. The appeals remain pending for adjudication.
Topics: Insolvency Proceedings, NCLAT Hearing, Corporate Litigation