Authority: Supreme Court of India
Order Date: 28-10-2026
Case Overview
- Civil Appeal No.2569/2022 filed by appellant Prerna Singh against the Committee of Creditors (CoC) and others.
- The matter was heard by Hon'ble Justices J.B. Pardiwala and K. Vinod Chandran.
- Counsel for the appellant: Senior Advocate Ms. Madhavi Diwan and team (Advocates Sudhir Naagar, Arun Kumar Nagar, Kshitiz Sarda, Aditya Chauhan, etc.).
- Counsel for the CoC: Ms. Ekta Choudhary and team (Advocates Rushali Sikand, Shirish Parashar, Gaurav Grover, etc.).
- Court Commissioner represented by Mr. Tarun Arora.
- Intervention applications were filed: IA No.186385/2025 (intervention) and IA No.110835/2025 (permission to file additional documents/facts/annexures).
- The dispute concerns alleged irregular payment of user and occupation charges fixed at Rs 50,55,565 per month.
- The CoC is alleged to be in arrears of Rs 1.44 crore towards current user and occupation charges.
- Two auction proceedings were initiated before NCLT, Delhi, Court No.2, but both auctions failed.
- CoC counsel informed the Court that the rent share payable by Indian Bank and Punjab National Bank is being paid regularly.
Final Outcome
- The Court permitted the learned Advocate‑on‑Record to implead all members of the Committee of Creditors.
- The cause title shall be amended accordingly to reflect the additional parties.
- Notice shall be issued to the newly impleaded respondents to show why contempt proceedings should not be initiated against them.
- The matter is listed for further hearing on 02‑12‑2026 before the NCLT, Delhi, Court No.2.
Topics: Insolvency, Banking, Court Proceedings