Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 12, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi is hearing Company Appeal (AT) (Ins) No. 1771 of 2024 along with two interlocutory applications (I.A. No. 6459 of 2024 & I.A. No. 4430 of 2025). The appeal involves Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) as the appellant and Edelweiss Asset Reconstruction Company Ltd. as the respondent. The matter represents an insolvency-related dispute between a state power distribution utility and an asset reconstruction company.
Final Outcome
The tribunal adjourned the hearing due to time constraints and listed the appeal for the next hearing on November 19, 2026. No substantive proceedings or arguments were heard on the current date. The bench comprised Justice Mohd. Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Topics: NCLAT Proceeding, Insolvency Appeal, Power Sector