Insolvency Admission Without Hearing Debtor Unsustainable: NCLAT Delhi

Mehul Harish Gosar Vs Athena Constructions Ltd. (NCLAT Delhi) This document is the judgment/order from the National Company Law Appellate Tribunal (NCLAT), Delhi, regarding an Appeal filed by Mehul Harish Gosar (the Appellant) challenging the admission of Athena Constructions Ltd. (the Corporate Debtor/CD) into Corporate Insolvency Resolution Process (CIRP). Appeal Grounds and Settlement Claim The Appellant challenged the Order dated 08.05.2025 passed by the National Company Law Tribunal (NCLT), Mumbai Bench – II, which had admitted the Respondent, Parorch Developers LLP, to the CIRP. The co...