Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 13th August 2026
Case Overview
This order pertains to a cluster of ten interconnected cases listed before the NCLAT Principal Bench. The primary matter involves the Corporate Insolvency Resolution Process (CIRP) of Shree Ram Urban Infrastructures Ltd., with Truvisory Insolvency Professional Pvt. Ltd. acting as the Resolution Professional. The appeals and contempt cases stem from this insolvency proceeding.
The cluster includes the following cases: Comp. App. (AT) (Ins) No. 983 of 2021, Comp. App. (AT) (Ins) No. 984 of 2021, Comp. App. (AT) (Ins) No. 1061 of 2021, Comp. App. (AT) (Ins) No. 1063 of 2021, Comp. App. (AT) (Ins) No. 66 of 2022, Comp. App. (AT) (Ins) No. 1892 of 2024, and Comp. App. (AT) (Ins) No. 982 of 2021. It also includes three contempt cases: Contempt Case (AT) No. 17 of 2022, Contempt Case (AT) No. 21 of 2022, and Contempt Case (AT) No. 15 of 2023.
The key parties involved across these appeals are:
- The Appellant/Resolution Professional: Truvisory Insolvency Professional Pvt. Ltd. (for Shree Ram Urban Infrastructures Ltd.)
- The Financial Creditor: India Bulls Housing Finance Ltd. (Respondent in multiple appeals)
- Other Appellants/Interested Parties: Urbanbliss Realty Services Pvt. Ltd. and Vikas Kasliwal
- Another Appellant: Sammaan Capital Ltd. (in Comp. App. (AT) (Ins) No. 1892 of 2024)
The legal representation for the hearing is detailed for each party across all appeals.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical), did not pass any substantive order on the merits of the cases. The order states, "No time left. List these appeals on 21.09.2026." Consequently, all listed appeals, interlocutory applications (IAs), and contempt cases are adjourned and will be heard next on 21st September 2026.
Topics: Corporate Insolvency, NCLAT Proceedings, Real Estate