Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 28th September, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order in Company Appeal (AT) (Insolvency) No. 1407 of 2026. The appeal has been filed by Uttar Pradesh Awas Evam Vikas Parishad (Uttar Pradesh Housing and Development Board) as the Appellant. The Respondents in the case are Prabhjit Singh Soni, who is named as the Resolution Professional (R-1), and other parties (Ors.). The appeal is being heard alongside an Interlocutory Application, I.A. No. 5467 of 2026. The legal representation includes Senior Advocate Mr. Rana Mukherjee, along with Advocates Mr. Ritesh Agrawal, Mr. Rishabh, and Mr. Sohel for the Appellant. For the Respondents, Mr. G.P. Madaan represents Respondent-1/Resolution Professional, Mr. Rahul Narul and Mr. Kartikey Gautam represent Respondent-2.

The order itself is a scheduling directive. The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members (Technical) Barun Mitra and Ajai Das Mehrotra, has listed the matter to be heard again on 7th October, 2026. The case is to be placed high on the board, indicating it is a priority for that day's hearing list. The order was passed in hybrid mode.

Final Outcome

The final outcome of this order is purely procedural. The appeal has not been adjudicated on its merits. The tribunal has only scheduled the next hearing date for the appeal, which is set for October 7, 2026. The substantive issues of the insolvency case remain pending for future consideration by the bench.

Topics: Insolvency Appeal, NCLAT, Hearing Schedule