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NCLAT to review appeal against ₹919 crore Hotel Horizon resolution plan approved in Jan 2026.
The National Company Law Appellate Tribunal (NCLAT) will review an appeal against the approval of a ₹919 crore resolution plan for Hotel Horizon in Juhu, Mumbai, submitted by a consortium led by Oberoi Realty.
The Mumbai NCLT had approved the plan on January 29, 2026, but former promoters and a suspended board challenged it, questioning the process.
NCLAT has admitted the appeal and issued an interim order blocking equity creation for the resolution applicants pending its decision.
The case, set for hearing on February 25, 2026, could determine the future of the sea-facing property with significant development potential.
NCLAT revisará la apelación contra el plan de resolución del Hotel Horizon de ₹ 919 crore aprobado en enero de 2026.