Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 September 2026
Case Overview
IIFL Home Finance Ltd. (Appellant) has filed an appeal (Comp. App. (AT) (Ins) No. 1621 of 2026) against Bombay Isle Developers Pvt. Ltd. (Respondent) before the National Company Law Appellate Tribunal (NCLAT). The matter was heard in hybrid mode. The Tribunal, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), found that the matter requires consideration. The nature of the underlying dispute or proceedings is not detailed in this procedural order.
Final Outcome
The NCLAT issued formal notice to the respondents (Bombay Isle Developers Pvt. Ltd.). The appellant (IIFL Home Finance Ltd.) is directed to complete all necessary steps for serving this notice within three working days from the order date (17 September 2026). The appeal has been listed for its next hearing on 14 October 2026 under the caption "After Notice".
Topics: NCLAT Appeal, Corporate Litigation, Financial Services