Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by Golden Years Properties Pvt. Ltd. against Asset Reconstruction Company (India) Ltd. (ARCIL) and other respondents. The appeals are numbered Comp. App. (AT) (Ins) No. 1418 of 2026 (with I.A. No. 5428 of 2026) and Comp. App. (AT) (Ins) No. 1452 of 2026 (with I.A. No. 5613 of 2026). The hearing was conducted in hybrid mode with legal representatives from both parties present. For the appellant Golden Years Properties, advocates Mr. Abhijeet Sinha (Sr. Advocate), Mr. Manumyer Singh, and Ms. Niharika Sharma appeared. For the respondents ARCIL and others, advocates Ms. Padhmaja Kaul, Mr. Azeem Parvez, Mr. Kushagra Sah, and Mr. Gaurav Jalendra represented the case.
Final Outcome
The Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra ordered that both appeals be listed for next hearing on September 29, 2026. The order constitutes an adjournment without any substantive decision on the merits of the case at this stage.
Topics: Insolvency Appeal, Legal Proceedings