Authority: National Company Law Tribunal (NCLT), New Delhi Bench (Court – II)
Order Date: 10 July 2026
Case Overview
The matter is an interlocutory application (IA-5845/ND/2024, IA-1680/ND/2025) in a main insolvency petition (IB-684/ND/2020) filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. The applicant/petitioner is Dharm Vir Gupta, and the corporate debtor/respondent is M/s. SARE Realty Projects Private Limited. The bench comprised Hon'ble Member (Judicial) Sh. Ashok Kumar Bhardwaj and Hon'ble Member (Technical) Sh. Atul Chaturvedi. Legal representatives were present for both the applicant and the liquidator.
Final Outcome
The tribunal did not rule on the matter, citing "No time left." The case was adjourned and listed for the next hearing on 13 August 2026.
Topics: Insolvency Proceeding, Real Estate, Adjournment