Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 12, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1477 of 2026 along with connected interim application I.A. No. 5691 of 2026. The appeal was filed by JM Financial Asset Reconstruction Company Ltd., acting in its capacity as trustee of EB Retail 2025-Trust, against respondents H.P. Trading Co. & Anr. The appellant was represented by advocates Mr. K.S Mahadevan and Mr. R. Rangarajan, while the respondents' appearance was not marked on the record.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) noted that no time was available for hearing the matter on October 12, 2026. Consequently, the appeal was adjourned and listed for next hearing on November 23, 2026. No substantive hearing or decision on merits occurred during this proceeding.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment