Hari Global Recreation and Amusement Llp vs. Beeram Singh
2026 INSC 1045
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Non-Reportable
IN THE SUPREME COURT OF INDIA
CIVIL APPELLATE JURISDICTION
Civil Appeal No.12970 of 2026
Hari Global Recreation and
Amusement LLP ...Appellant
Versus
Beeram Singh and Ors. ...Respondents
O R D E R
The present appeal arises from the impugned order,
which though elaborately dealt with the issue , did not grant
a stay, as prayed for. The stay application was disposed of
observing that the fresh process, which had commenced by
issuance of fresh Form-G would remain subject to the final
disposal of the appeal. The appeal before the National
Company Law Appellate Tribunal, New Delhi1 was against an
order of the National Company Law Tribunal, New Delhi 2,
which refused approval of the revised resolution plan
submitted by the appellant, who was the successful
resolution applicant . The grievance of the appellant , the
Successful Resolution Applicant (SRA) is that by the time the
appeal is decided, new plans would have come for
1 For brevity, ‘the NCLAT’
2 For brevity, ‘NCLT’
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consideration and there is every chance of the appeal itself
being rendered infructuous.
2. We heard Dr. Abhishek Manu Singhvi, learned Senior
Counsel appearing for the appellant a nd Sri Navin Pahwa,
learned Senior Counsel appearing for the
respondent/Resolution Professional, who supports the SRA .
We also hea rd Sri Deepa k Khurana appearing for the
caveator.
3. Since the appeal is pending before the NCLAT, which
ought to be disposed of expeditiously, we would only direct
the Form-G to be kept in abeyance during the pendency of
the appeal. We would also request the NCLAT to dispose of
the appeal expeditiously , for which purpose, we direct the
parties to cooperate and complete the proceedings as soon
as possible. The parties shall also cooperate in the hearing
without seeking unnecessary adjournments, in which event
we are sure that the NCLAT would endeavour to dispose of
the appeal itself as early as possible.
4. With the above modification, insofar as keeping Form-
G in abeyance, till disposal of the matter by the NCLAT, we
dispose of this civil app eal, without any observation on the
merits of the matter.
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5. Pending application(s), if any, shall stand rejected.
.......…….……………………. J.
(J. B. PARDIWALA)
....……….……………………. J.
(K. VINOD CHANDRAN)
NEW DELHI;
SEPTEMBER 21, 2026.