NCLAT Reserves Judgment in Jaatvedas Construction Appeal

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

Order Date: 02 September 2026

Case Overview

This is an insolvency appeal (Comp. App. (AT) (Ins) No. 1070 of 2024) between Jaatvedas Construction & Contractors LLP (Appellant) and B.P. Gangar Construction Pvt. Ltd. (Respondent). The tribunal heard arguments from both parties' counsel - Mr. Prasannam N. for the Appellant and Mr. Aniruth Purusothaman for the Respondent. The hearing was conducted in hybrid mode.

Final Outcome

The three-member bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), reserved judgment after hearing arguments. The parties were directed to file their written submissions within one week from the hearing date (by 09 September 2026). The final judgment in this insolvency matter is pending.

Topics: Insolvency Appeal, Construction Sector, NCLAT Proceeding