Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 08.07.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi Court-IV heard multiple Interlocutory Applications (IAs) related to the main insolvency petition IB/457/PB/2022. The matter involves an application under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by Lt. Col Retd SPS Aurora & Ors (Financial Creditors) against Senior Builders Limited (Corporate Debtor). The specific applications heard were IA/3014/ND/2026, IA/4750/ND/2025, IA/5653/ND/2025, IA/911/ND/2026, IA/2358/ND/2026, IA/2359/ND/2026, and IA/2714/ND/2026. The bench comprised Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. The hearing was conducted in hybrid mode (physical and video conference).
Multiple parties were represented during the proceedings:
- For the Resolution Professional: Mr. Anup Kumar and Mr. Amit Prakash, Advocates
- For Punjab National Bank (in IA 911/2026): Mr. Yogesh Pachauri, Advocate
- For Respondents 1 & 2: Ms. Diksha Goswami, Advocate
- For Respondent 3: Mr. Vinod, Advocate
- For Noida Authority: Mr. Rachit Mittal, Mr. Parish Mishra, Mr. Kanishk Raj, and Ms. Srishti Agrawal, Advocates
- For the Applicant: Mr. Arun and Mr. Aakash, Advocates
Final Outcome
Due to paucity of time, the Tribunal could not hear the matters substantively. All applications along with the main matter were adjourned to 31.07.2026 for further hearing. No substantive orders were passed on the merits of the case.
Topics: Insolvency Proceedings, Real Estate, NCLT