Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 18 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) No. 172 of 2023 along with several interlocutory applications (I.A. No. 4203, 4204 of 2023 & 4099 of 2025). The appeal was filed by ASRMP & Co. & Anr. (Appellants) against the National Financial Reporting Authority (NFRA) as the Respondent. The matter represents a challenge to regulatory action or order issued by NFRA against the appellant firm. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).

Final Outcome

The Tribunal noted "No time left" for hearing the matter on the current date and accordingly adjourned the proceedings. The appeal has been listed for next hearing on 16 November 2026. No substantive arguments were heard, and no observations were made on the merits of the case during this hearing.

Topics: Financial Regulation, Auditor Oversight, Legal Proceedings