Gir Vanvaso Resort v. Pancard Clubs Limited
2026 INSC 73216 October 202615 min read
Supreme Court Upholds NCLT's Power to Order Possession of Resort to Successful Resolution Applicant
The Supreme Court dismissed the appeal, holding that the NCLT had jurisdiction to order possession of the resort to the SRA and that the unregistered MoU claimed by the appellant was suspect and conferred no Section 53A benefit.
Case Snapshot
- Case Name
- Gir Vanvaso Resort v. Pancard Clubs Limited
- Citation
- 2026 INSC 732
- Bench
- Justice J.B. Pardiwala and Justice K. Vinod Chandran
- Date of Judgment
- July 22, 2026
- Area of Law
- Insolvency and Bankruptcy Code, 2016 — Section 60(5)(c) — Jurisdiction of NCLT — Section 53A Transfer of Property Act — Unregistered MoU — CIRP
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