Case Details

Case Name: Company Appeal (AT) (Insolvency) No. 777 of 2026

Parties: Tru Prime Pvt. Ltd. (Appellant) versus Navneet Gupta, Resolution Professional of Majestic Hotels Ltd & Ors. (Respondents)

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

Hearing Date: 27.05.2026

Order Reserved For: 29.05.2026

Parties Involved

Appellant: Tru Prime Pvt. Ltd.

Respondents:

  • Navneet Gupta (Resolution Professional of Majestic Hotels Ltd)
  • Majestic Hotels Ltd & Ors.

Legal Representation:

  • For Appellant: Mr. Pulkit Goyal and Mr. Ramneek K. Mann, Advocates
  • For Respondents: Mr. Krishnendu Dutta, Sr. Advocate with Mr. Abhishek Anand, Mr. Siddhant Kant, Mr. Saurav Panda, Ms. Moulshree Shukla, Ms. Gayathri Balasubramanian and Mr. Yash Tandon, Advocates for R-1/RP
  • Ms. Ridhima Mehrotra, Advocate for Committee of Creditors (CoC)
  • Mr. Navneet Gupta, Advocate for Resolution Professional

Tribunal Members:

  • Justice Ashok Bhushan (Chairperson)
  • Barun Mitra (Member Technical)

Final Ruling & Enforcement

The Tribunal heard counsel for all parties on 27.05.2026 and reserved its order for delivery on 29.05.2026. The final decision in this insolvency appeal is pending.