Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 23 July 2026
Case Overview
This order pertains to Company Appeal (AT) (Insolvency) No. 879 of 2026 filed by appellant Santosh Sarda against the respondents, Avil Jerome Menezes (Resolution Professional for Radius & Deserve Land Developers Pvt. Ltd.) and another. The matter was heard in hybrid mode. During the proceedings, learned counsels submitted that the resolution plan for Radius & Deserve Land Developers Pvt. Ltd. has been approved. The counsel for the Resolution Professional indicated a need to take instructions on whether the Resolution Professional will defend these appeals or not.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member (Technical)), and Ajai Das Mehrotra (Member (Technical)), adjourned the hearing. The appeal is listed to be heard next on 11 August 2026, along with a connected matter, Company Appeal (AT) (Ins.) No. 803 of 2026. No final ruling on the merits of the appeal was issued in this order.
Topics: Insolvency Proceedings, Legal Appeal