Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 28 July 2026
Case Overview
Vijay Kumar Agarwal (Appellant) has filed an appeal (Comp. App. (AT) (Ins) No. 1227 of 2026) against Balajidham Build Estate Pvt. Ltd. (In Liquidation), which is represented through its Liquidator Saurabh Malpani (Respondent). The appeal was heard in hybrid mode by a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical). Mr. Avnish Dave, along with Mr. Vijit Poonia and Mr. Parmod Kumar Bishnoi, represented the Appellant. Appearance for the Respondent was not marked at this hearing.
Final Outcome
The NCLAT admitted the appeal and issued notice to the Respondent. The Appellant was directed to take necessary steps along with requisites within five days from the order date (by 2 August 2026). The court granted liberty to the Appellant's counsel to serve the Respondent by hand (Dasti service). The appeal has been listed for further hearing on 13 August 2026, where it will be among the first ten cases on the cause list.
Topics: Insolvency Appeal, NCLAT Proceedings