Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 18 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three connected company appeals filed by Aditya Birla Capital Limited. The appellant is acting as one of the members of the erstwhile Committee of Creditors in corporate insolvency resolution processes against three education sector companies:
1. Company Appeal (AT) (Insolvency) No. 1155 of 2026: Against Mothers Pride Education Personna Private Limited
2. Company Appeal (AT) (Insolvency) No. 1156 of 2026: Against Presidium Educational Institution Private Limited
3. Company Appeal (AT) (Insolvency) No. 1157 of 2026: Against Mothers Pride Education Institution Private Limited
The appeals were heard in hybrid mode before a bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Final Outcome
The tribunal adjourned all three appeals to November 26, 2026, citing "no time left" for hearing the matters on the current date. The order provides no substantive ruling on the merits of the appeals and merely schedules the next hearing date.
Topics: Insolvency Proceedings, NCLAT Appeals, Education Sector