IFCI Ltd vs Express Resorts: SC Listing

Authority: Supreme Court of India

Order Date: 24-08-2026

Case Overview

• Petitioners: IFCI LIMITED; Respondents: EXPRESS RESORTS AND HOTELS LIMITED & ORS.
• Civil Appeal No.: 43989/2026, arising from impugned final judgment and order dated 25-05-2026 in CAAT(I) No. 517/2024 passed by the National Company Law Appellate Tribunal.
• The appeal seeks condonation of delay in filing IA No. 230009/2026 and addresses a stay application (IA No. 230010/2026).
• Counsel for petitioner included Mr. N. Venkatraman (A.S.G.), Mr. Amish Tandon, Mr. Ayush Beotra, Ms. Vanshita Singh, Ms. Himanshi Kapoor, Ms. Aanchal, Ms. Ria Dhawan, Ms. Akanksha Mishra, Ms. Harshita Raj, and AOR Mr. Sameer Abhyankar.
• Counsel for respondents comprised Sr. Adv. Mr. Balbir Singh, Mr. Raheel Patel, Mr. Himanshu Satija, Ms. Neha Mehta Satija (AOR), Ms. Ripul Swati Kumari, Mr. Suyash Shrivastava, Ms. Disha, Sr. Adv. Mr. Jayant Mehta, Mr. Mohit D. Ram, and Ms. Nayan Gupta.
• The bench hearing the matter consisted of Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Sri Narasimha, and Hon'ble Mr. Justice Alok Aradhe.

Final Outcome

• The Court ordered that the matter be listed together with Civil Appeal No. 8446 of 2026 for further hearing.
• No substantive judgment on the merits of the condonation or stay application was delivered at this stage.

Topics: Court Listing, Corporate Litigation