Authority: National Company Law Tribunal, New Delhi Bench (Court - II)
Order Date: 10 June 2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Bench heard multiple Interlocutory Applications (IAs) in the matter of Bibhuti Bhushan Biswas & Others (Home Buyers) versus M/s Ansal Properties and Infrastructure Limited. The case was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016. The matter involves home buyers as petitioners against the real estate company. Numerous legal representatives appeared for various parties including respondents and the Resolution Professional. The specific IAs mentioned in the case are: IB-330/ND/2021, IA-2957/ND/2024, IA-1352/ND/2025, IA-5451/ND/2025, IA-3022/ND/2024, IA-1459/ND/2023, IA-3245/ND/2024, IA-Plan 08/ND/2026, IA-1342/ND/2026, and IA-2132/ND/2026.
Final Outcome
The Bench comprising Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi noted that it was already 1:00 PM with no time left for proceedings. The matter was adjourned and listed for the next hearing on 16 July 2026. The hearing was conducted through hybrid mode (VC and Physical).
Topics: Insolvency Proceedings, Real Estate Dispute, NCLT Hearing