NCLAT Chennai condones delays in three appeals filed by home buyers against orders clarifying the scope of CIRP against Sahiti Infratech Ventures.
Corporate Debtor Sahiti Infratech has 17 stalled housing projects affecting 3000+ allottees, with resolution professional managing all assets.
Adjudicating Authority's conflicting orders created uncertainty on whether CIRP covers all projects or only specific ones, prompting multiple appeals.
Tribunal directs resolution professional to submit detailed status report on all 17 projects before next hearing on September 28, 2026.