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

Order Date: July 17, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Company Appeal (AT) (Insolvency) No. 678 of 2025. The appeal involves Victory Welfare Association as the appellant and Dream Procon Pvt. Ltd. along with another respondent. The order was passed in hybrid mode with legal representation noted for both parties: Mr. Sanjay Jain, Mr. PBA Srinivasan, and Ms. Rajshree Dhapola represented the appellant, while Mr. Prithu Garg, Mr. Ashutosh Arvind Kumar, and Mr. Aryan Bhat represented Respondent-2. The bench consisted of Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).

Final Outcome

The tribunal ordered that the appeal be listed for hearing on August 27, 2026. This is a procedural order that simply schedules the next hearing date without addressing the substantive merits of the insolvency appeal.

This content may not be financially relevant