Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) issued a procedural order dealing with five interconnected company appeals related to insolvency proceedings. The appeals involve multiple parties: State Bank of India as appellant in two appeals (Company Appeal (AT) (Insolvency) No. 1514 of 2026 and 1515 of 2026) against Ajay Kumar Agarwal & Others; Adone Hotels & Hospitality Ltd (formerly DLF Hilton Hotels Ltd) as appellant in two appeals (Company Appeal (AT) (Insolvency) No. 1516 of 2026 and 1517 of 2026) against Ajay Kumar Agarwal as Resolution Professional for Avani Projects & Infrastructure Ltd & Others; and Kolkata Municipal Corporation as appellant in one appeal with an interlocutory application (Company Appeal (AT) (Insolvency) No. 1659 of 2026 & I.A. No. 6333 of 2026) against Ajay Kumar Agarwal as Resolution Professional & Others. All appeals appear to be connected through the resolution professional Ajay Kumar Agarwal and the corporate debtor Avani Projects & Infrastructure Ltd.
Final Outcome
The tribunal rescheduled the hearing dates for all five appeals to December 8 and 9, 2026, at 12:00 Noon. The previously scheduled hearing date of November 17, 2026, stands cancelled. The order was passed in hybrid mode by a bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Topics: Insolvency Proceedings, Court Scheduling, Corporate Debt Resolution