Authority: Supreme Court of India
Order Date: 03-08-2026
Case Overview
- Petitioner: Neeraj Chopra; Respondents: M/s AMR Infrastructure Limited & others.
- The petition arises from an impugned interim order dated 03-12-2025 in IB No. 02/2017 passed by the National Company Law Appellate Tribunal.
- The petitioner seeks early disposal of the application (CA-1061(PB) of 2019) for approval of a resolution plan before the National Company Law Tribunal (NCLT).
- The Supreme Court previously dismissed a writ petition (Article 32) on 28‑Oct‑2020, directing the petitioner to approach NCLT for early disposal.
- On 29‑Aug‑2022, the Court granted permission to file a Special Leave Petition but refused to entertain it, directing the NCLT to decide the pending proceedings within four weeks from 31‑Aug‑2022.
- Despite those directives, the application for approval of the resolution plan remains pending, affecting a large number of home buyers.
Final Outcome
- The Court grants permission to file the Special Leave Petition.
- It directs that the matter be placed before the new President of the NCLT, retired Justice Anupinder Singh Grewal, who may either hear the case himself or assign it to a Bench.
- The NCLT is ordered to dispose of the entire pending proceedings within six weeks from the date of this order.
- A copy of this order shall be sent to the Registrar, NCLT, New Delhi, who must place it before the President.
- The NCLT Registry must submit a compliance report to the Supreme Court within eight weeks from today regarding the disposal of the proceedings.
- The matter is listed for compliance reporting on 02‑Nov‑2026.
Topics: Insolvency, Resolution Plan