Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 21 July 2026
Case Overview
The order pertains to four interconnected Company Appeals (Comp. App. (AT) (Ins)) filed by Anchor Leasing Pvt. Ltd. as the Appellant. The appeals are numbered 610 of 2024 (with I.A. No. 2174 of 2024), 612 of 2024 (with I.A. No. 2214 of 2024), 1934 of 2024, and 1074 of 2024 (with I.A. No. 3885 of 2024). The common respondent in all appeals is Vaishali Patrikar, the Resolution Professional of Satra Properties (India) Ltd., along with other respondents. The nature of the proceedings is an appeal against orders or actions related to the corporate insolvency resolution process of Satra Properties (India) Ltd. The bench noted it had 'no time left' to hear the matters on the scheduled date.
Final Outcome
The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), adjourned all four appeals. The matters were listed for the next hearing on 13 August 2026. The order was passed in hybrid mode. No substantive arguments were heard, and no decisions were made on the merits of the appeals.
Topics: Insolvency Appeal, Adjournment, Corporate Debtor