Authority: National Company Law Tribunal, New Delhi Principal Bench (Single)
Order Date: October 9, 2026
Case Overview
The National Company Law Tribunal (NCLT) Principal Bench, presided over by Justice Anupinder Singh Grewal, issued a procedural order in the matter between August Residency Private Limited (Applicant) and Rare Asset Reconstruction Limited (Respondent). The case bears the item number TA (IBC)-55(PB)/2026, indicating it relates to the Insolvency and Bankruptcy Code. The hearing was conducted in hybrid mode (physical and video conference). The applicant was represented by Senior Advocate Mr. P. Nagesh along with advocates Mr. Aditya Wadhwa, Ms. Bahuli Sharma, Mr. Arunav Sarma, and Mr. Abhyankar Panth. The respondent was represented by advocate Mr. Ajatshatru Singh Rawat.
Final Outcome
The Tribunal listed the matter for the next hearing on October 16, 2026. This is a procedural order that does not decide the substantive merits of the case but simply schedules the next date of hearing in the ongoing proceedings.
Topics: NCLT Proceedings, Corporate Insolvency, Asset Reconstruction