Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Insolvency) No. 323 of 2025. The appeal involves Shubham Projects Pvt. Ltd. as the appellant and Mahavir Hanuman Developers Pvt. Ltd. as the respondent. Two interlocutory applications (I.A. No. 1217 and 7625 of 2025) are also associated with this appeal.
The legal representation includes Mr. Vishal Ganda, Ms. Chhavi Jain, and Mr. Aseem Shrivastava as advocates for the appellant, and Mr. Gursat Singh and Mr. Aryendra Singh as advocates for the respondent.
The order was issued by a three-member bench consisting of Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical). The proceedings were conducted in hybrid mode.
Final Outcome
The NCLAT has listed this appeal for hearing on September 11, 2026. This is a procedural order that only addresses the scheduling of the next hearing date and does not contain any substantive discussion of the merits of the case, allegations, or final determination of the insolvency matter.
Topics: NCLAT Proceedings, Insolvency Appeal, Corporate Litigation