Authority: National Company Law Tribunal, New Delhi Court-V (Single Bench)

Order Date: June 11, 2026

Case Overview

The National Company Law Tribunal (NCLT), New Delhi, heard multiple interlocutory applications (IAs) in the ongoing corporate insolvency resolution process of Revital Reality Pvt. Ltd. The main insolvency petition (IB-657/ND/2021) was filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC) by Manish Aneja & Others against the corporate debtor, Revital Reality Pvt. Ltd. The specific applications heard were New IA2639/2026, New IA2652/2026, New IA2675/2026, IA-2531/2026, IA-2330/2026, and IA-2296/2026. The hearing was conducted in hybrid mode (physical and video conference) before Hon'ble Member (Judicial) Shri Manni Sankariah Shanmuga Sundaram. Multiple senior advocates and counsel represented the various parties involved in the different applications.

Final Outcome

For application New IA-2652/2026, the Tribunal directed that notice be issued to the respondents. The applicant was instructed to take necessary steps for serving notice within three days and file proof of service. This application was specifically listed for the next day, June 12, 2026. All other interlocutory applications (IAs) were listed for hearing before the Regular Bench on June 12, 2026. The order is purely procedural, advancing the case to the next hearing date without making any substantive determinations on the merits of the applications.

Topics: NCLT Proceedings, Corporate Insolvency, Interlocutory Applications