Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 08.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order concerning two interconnected appeals:
1. Comp. App. (AT) (Ins) No. 2039 of 2025: This appeal is between Gaursons India Pvt. Ltd. (Appellant) and L&T Finance Ltd. & Ors. (Respondents).
2. Comp. App. (AT) (Ins) No. 125 of 2026: This appeal is between L&T Finance Ltd. & Anr. (Appellants) and Supertech Ltd. & Ors. (Respondents).
The legal representation for the parties was noted as follows:
- For Gaursons India Pvt. Ltd.: Dr. Veenu Singhal
- For L&T Finance Ltd.: Mr. Abhay Chitravanshi and Ms. Bhawna Nanda
- For other respondents: Mr. Mudit Sharma, Nandini Sharma, Shashank Shekhar Pandey, Ritesh Dhyani, and Mr. Lokesh Malik
The nature of the dispute or the specific allegations are not detailed in this procedural order.
Final Outcome
The bench, comprising Justice N Seshasayee (Member - Judicial) and Barun Mitra (Member - Technical), has adjourned both appeals. The matters are now listed for the next hearing on 24th August, 2026. No substantive rulings, observations, or decisions on the merits of the cases were made in this order.
Topics: NCLAT Proceedings, Corporate Litigation, Real Estate Finance