Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 19 August 2026
Case Overview
JM Financial Asset Reconstruction Company Ltd., acting in its capacity as trustee of EB Retail 2025-Trust, has filed an appeal (Comp. App. (AT) (Ins) No. 1477 of 2026) before the NCLAT against H.P. Trading Co. & Anr. The appeal challenges an order passed by the Adjudicating Authority (likely the NCLT). The matter was heard in hybrid mode by a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Final Outcome
The NCLAT found that the matter requires consideration and issued notice on the connected interim application (IA No. 5691 of 2026). The appellant was directed to complete all necessary steps along with process fee and requisites within 3 working days from the order date. The matter has been listed for the next hearing on 10 September 2026 under the caption for admission after notice. The appellant was additionally permitted to file an additional affidavit enclosing documents that were previously before the Adjudicating Authority.
Topics: NCLAT, Insolvency Appeal