SRA Universal Buildwell Insolvency Appeals Adjourned to July 29

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: July 2, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard eight interconnected Company Appeals (AT) (Insolvency) filed by the Consortium of SRA Universal Buildwell Pvt. Ltd. as the appellant. The appeals are numbered 1423, 1769, 1773, 1774, 1775, 1776, 1777, and 1778 of 2025. Each appeal names different respondents: Grace Steel Pvt. Ltd. & Anr., Y Puran Kumar & Anr., Darpan Ghai & Anr., Revinder Kumar Ghai & Anr., Sushil Chander Khanna & Ors., Vandana Bhatnagar & Anr., Harbhajan Singh & Anr., and Jeetendra S. Kaushal & Anr. respectively. The matters were presented before a bench consisting of Justice Yogesh Khanna (Member-Judicial) and Mr. Ajai Das Mehrotra (Member-Technical).

Final Outcome

The Tribunal adjourned all eight appeals and listed them for hearing on July 29, 2026, as the first case in the hearing list. The order was passed in hybrid mode.

Topics: Insolvency, Litigation