Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: October 6, 2026
Case Overview
This is an appeal filed under the Insolvency and Bankruptcy Code, 2016. The appellant is Mr. Vivek Bansal, who is the Resolution Professional of the corporate debtor, Senior Builders Ltd. The respondent is Mr. Sumit Shukla, who is the Authorized Representative and a Member of the Committee of Creditors (CoC) in a class. The appeal was listed for a hearing on October 6, 2026. The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, noted that no time was left for the hearing on that day.
Final Outcome
The NCLAT did not make any substantive ruling on the merits of the appeal. The sole outcome of this order was the adjournment of the proceedings. The appeal was listed to be heard again on the next scheduled date, October 9, 2026.
Topics: Insolvency Appeal, NCLAT, Adjournment