Neelkanth Realtors NCLAT Appeal Adjournment Order

Case Details

Case Name: Bhavik Bhimjyani vs Catalyst Trusteeship Ltd. & Anr.; Neelkanth Realtors Ltd. vs Catalyst Trusteeship Ltd. & Anr.

Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi

Case Numbers: Comp. App. (AT) (Ins) No. 987 of 2026 & I.A. No. 3931 of 2026; Comp. App. (AT) (Ins) No. 988 of 2026

Date of Order: 26th May 2026

Parties Involved

Appellants:

• Bhavik Bhimjyani (in Comp. App. (AT) (Ins) No. 987 of 2026)
• Neelkanth Realtors Ltd. (in Comp. App. (AT) (Ins) No. 988 of 2026)

Respondents:

• Catalyst Trusteeship Ltd. (in both appeals)
• Another unnamed respondent (referred to as "Anr." in both appeals)

Tribunal Bench:

• Justice Ashok Bhushan (Chairperson)
• Barun Mitra (Member (Technical))

Procedural Status

The learned counsel for the Appellant sought liberty to file an additional affidavit during the course of the day. The Tribunal has listed both appeals for next hearing on 29th May 2026. The order was passed in hybrid mode.

Final Ruling & Enforcement

The order constitutes an adjournment of the hearing to a future date (29.05.2026) with permission granted to the appellants to file an additional affidavit. No final decision on the merits of the case has been rendered in this order.