Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17.08.2026
Case Overview
The National Company Law Appellate Tribunal heard Comp. App. (AT) (Ins) No. 1452 of 2026 along with I.A. No. 5613 of 2026 between Golden Years Properties Pvt. Ltd. (Appellant) and Asset Reconstruction Company (India) Ltd. & Ors. (Respondents). The matter represents an appeal proceeding, though the specific nature of the underlying insolvency dispute is not detailed in this procedural order. The respondent's counsel stated they had not received a copy of the appeal, though this was objected to by the appellant's senior counsel.
Final Outcome
The tribunal issued a procedural adjournment and directed that the copy of the appeal be provided to the respondent's counsel within two days from the order date (by August 19, 2026). Notice was formally issued on both the main appeal and the condonation of delay application (I.A. No. 5613 of 2026). The matter was listed for next hearing on August 24, 2026, to be heard along with the condonation of delay application.
The bench comprised Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical). Representation included Mr. Abhijeet Sinha, Sr. Advocate with Ms. Niharika Sharma, Ms. Pooja Ojha, and Ms. Meena Kochar for the appellant, and Ms. Padhmaja Kaul, Mr. Kushagra Sah, and Mr. Azeem Parvez for respondent R1 (ARCIL).
Topics: NCLAT Proceedings, Insolvency Appeal, Procedural Adjournment