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

Order Date: 29 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) No. 306 of 2024 along with several interim applications (I.A. Nos. 6599, 6600, 6601 of 2024 & 2197 of 2025, 4142 of 2026). The appeal was filed by CA Aravind Maiya (Appellant) against the National Financial Reporting Authority (NFRA) and Others (Respondents). During the hearing, counsel for both parties informed the Tribunal that the Hon'ble Supreme Court had dismissed interim applications (I.A. Nos.76450, 78209 and 261172 of 2026) in Special Leave to Appeal (C) No.4139 of 2025 through an order dated 28 September 2026. A copy of this Supreme Court order was provided to the NCLAT and taken on record.

Final Outcome

Based on a consensus arrived at between the learned counsel for both parties, the NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing of the appeal. The matter was listed next for hearing on 9 October 2026 at 3:00 PM.

Topics: NCLAT Proceeding, Regulatory Appeal, Supreme Court Order