# Navneet Gupta Insolvency Professional & Sanjeev Mahajan vs. Insolvency and Bankruptcy Board of India

> NCLAT judgment dated 2026-09-10. Citation: TCN-2026-NCLAT-00277. This case involves two connected appeals: CA (AT) (Ins) No. 1612 of 2026, filed by Navneet…

- **Court:** NCLAT
- **Order date:** 10 Sept 2026
- **Citation:** TCN-2026-NCLAT-00277
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/navneet-gupta-insolvency-professional-sanjeev-mahajan-vs-insolvency-and-hehkd

## Summary

### Background

This case involves two connected appeals: CA (AT) (Ins) No. 1612 of 2026, filed by Navneet Gupta (an Insolvency Professional) challenging an IBBI order finding him guilty of misconduct, and CA (AT) (Ins) No. 1629 of 2026, filed by Sanjeev Mahajan seeking an enhancement of the punishment imposed on Navneet Gupta. Sanjeev Mahajan, who was the complainant in the disciplinary proceedings against Navneet Gupta and a Suspended Director/Promoter of a Corporate Debtor involved, sought to be impleaded as a respondent in Navneet Gupta's appeal. Additionally, Haravtar Singh Arora, a director/promoter of another Corporate Debtor for which Navneet Gupta was liquidator, also filed IA No. 6230 of 2026 requesting impleadment as a respondent, alleging misconduct by Navneet Gupta in

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## Facts

Navneet Gupta, an Insolvency Professional, filed CA (AT) (Ins) No. 1612 of 2026 appealing an IBBI order that found him guilty of misconduct and imposed punishment.

Sanjeev Mahajan filed a caveat (Caveat No. 700 of 2026) in CA (AT) (Ins) No. 1612 of 2026 and also a separate appeal, CA (AT) (Ins) No. 1629 of 2026, for enhancement of the punishment inflicted on Navneet Gupta.

Sanjeev Mahajan is the Suspended Director and Promoter of Nimitya Hotel and Resorts Limited (CD), during whose CIRP the Appellant (Navneet Gupta) allegedly committed misconduct, which led to Mahajan's complaint to the IBBI.

Navneet Gupta did not array Sanjeev Mahajan as a party in his appeal, CA (AT) (Ins) No. 1612 of 2026.

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## Issues and analysis

### Issue 1: Whether a complainant in disciplinary proceedings against an Insolvency Professional is an …

**Ratio:** The expression "any person aggrieved" in Section 220(7) of the Insolvency and

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**Reasoning:** The NCLAT noted that Section 220(7) grants an appeal right to 'any person aggrieved'

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**Interpretation:** The Tribunal interpreted Section 220(7) of the IBC, 2016, broadly, holding that

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**Application:** Sanjeev Mahajan, as the original complainant whose efforts initiated the

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## Parties

- **Judges:** Mohammad Faiz…; Naresh Sa…
- **Appellants:** Navneet Gupta…; Sanjeev M…; +1 more
- **Respondents:** Nimitya Hotel and…; M/s James Hotel…; +1 more
- **Other parties:** Analysis co…; All the…; +2 more
- **Advocates:** Abhishek…; Karan K…; +29 more

## Timeline

- **2019-04-09 — Office Order…**: Office Order No. 2 of 2019, dated April…
- **2021-02-10 — Judgment…**: Judgment dated February 10, 2021, passed in Letters Patent Appeal No. 50 of 2021 in…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 217 — Complaints against insolvency professional agency…](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-217)

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