Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) issued a procedural order addressing four interconnected Company Appeals (AT) (Insolvency) matters:
- Company Appeal (AT) (Insolvency) No. 401 of 2026: Jaimatarani Homes Pvt. Ltd. (Appellant) vs. Jitendra Lohia (Erstwhile Resolution Professional of Multiple Hotels Pvt. Ltd.) & Ors. (Respondents)
- Company Appeal (AT) (Insolvency) No. 408 of 2026: Partha Paul (Appellant) vs. Jitendra Lohia (Erstwhile Resolution Professional of Multiple Hotels Pvt. Ltd.) & Ors. (Respondents)
- Company Appeal (AT) (Insolvency) No. 430 of 2026: KCGP Developers Pvt. Ltd. Through Its Authorised Representative Suraj Jhunjhunwala (Appellant) vs. Jitendra Lohia & Ors. Resolution Professional of Multiple Hotels Pvt. Ltd. (Respondents)
- Company Appeal (AT) (Insolvency) No. 431 of 2026: KCGP Developers Pvt. Ltd. Through Its Authorised Representative Suraj Jhunjhunwala (Appellant) vs. Jitendra Lohia & Ors. Resolution Professional of Multiple Hotels Pvt. Ltd. (Respondents)
All appeals involve challenges against Jitendra Lohia in his capacity as the Erstwhile Resolution Professional of Multiple Hotels Pvt. Ltd. The order represents a procedural step in ongoing insolvency proceedings.
Final Outcome
The Tribunal issued the following procedural directions:
For Appeals 401, 430, and 431 of 2026:
- Respondents have already filed their replies
- Appellants are granted four weeks to file rejoinders
For Appeal 408 of 2026:
- Respondents are directed to file their reply within two weeks
- Appellants may file rejoinder within two weeks after reply is filed
All four appeals have been listed for next hearing on December 10, 2026. 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 Appeals, NCLAT Proceedings, Corporate Litigation