Authority: Supreme Court of India
Order Date: 18-08-2026
Case Overview
- Petition for Special Leave to Appeal (C) No.15841/2025 filed by Neelkanth Realtors Ltd against Neelkanth Heights Cooperative Housing Societies Association Ltd & others, arising from the Bombay High Court judgment dated 09-05-2025 in WP No.165/2025.
- Multiple interim applications were listed (IA Nos.138039/2025 to 138050/2025 and IA Nos.177764/2025 to 177763/2025) seeking exemptions from filing copies, permission to file additional documents, and condonation of delay.
- The matter was called for hearing on 18-08-2026 before a bench of Hon'ble Mr. Justice Sanjay Kumar and Hon'ble Mr. Justice Sanjeev Sachdeva.
- Counsel for the petitioner and respondents were listed, including Mr. Vishesh Vijay Kalra (AOR for petitioner) and Mr. Aniruddha Joshi, Sr. Adv. (for respondents).
Final Outcome
- The Court was informed that Mr. Snehal Kamdar has been appointed as the Resolution Professional (RP) for the corporate debtor, M/s. Neelkanth Realtors Limited.
- The Corporate Insolvency Resolution Process (CIRP) has been initiated concerning one project of the corporate debtor.
- The RP is authorized to take necessary steps to join the present litigation.
- The Court directed that steps also be taken regarding the deceased respondent No.4 in SLP(C) No.15841/2025 and the unserved respondent No.6 in SLP(C) Diary No.29098/2025.
- The matter was re-listed for hearing on 08-09-2026.
- The earlier interim order dated 06-06-2025 remains in force until the next hearing.
Topics: Insolvency, Court Order