NCLAT Reserves Judgment on Arena Superstructures Insolvency Appeals

NCLAT Principal Bench reserves judgment on two interconnected insolvency appeals concerning Arena Superstructures Pvt. Ltd.
Appeals involve Dhankalash Distributors and Assets Care & Reconstruction Enterprise as appellants challenging the corporate insolvency resolution process.
Multiple parties represented including resolution professional, homebuyers, and a successful resolution applicant.
Parties directed to file final three-page submission notes and cited judgments within one week.