LexDraft · Judgments

Hari Global Recreation and Amusement Llp vs. Beeram Singh

Supreme Court of India · 2026

Coram: B. Pardiwala, K. Vinod Chanan

2026 INSC 1045 Page 1 of 3 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’ Page 2 of 3 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. Page 3 of 3 5. Pending application(s), if any, shall stand rejected. .......…….……………………. J. (J. B. PARDIWALA) ....……….……………………. J. (K. VINOD CHANDRAN) NEW DELHI; SEPTEMBER 21, 2026.