Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 12.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Ins) No. 1727 of 2024 along with connected interlocutory applications I.A. No. 6317 of 2024 and I.A. Nos. 2136 and 2162 of 2025. The appeal was filed by Alchemist Investors Welfare Association against Alchemist Infra Realty Ltd. and another respondent. The matter appears to relate to insolvency proceedings involving Alchemist Infra Realty Ltd. Multiple legal representatives appeared during the hearing: Ms. Priya and Mr. Chaitanyashil Priyadarshi for the appellant; Mr. Palash Singhai and Mr. Harshal Sareen for SRA; Mr. Rahul Gupta, Mr. Rahul Dadhich, and Ms. Garima Malhotra for the Resolution Professional; and Ms. Prachi Johri, Mr. Sachin Jain, and Mr. Himanshu Sharma for an intervenor.
Final Outcome
The bench comprising Justice Mohd. Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) noted that there was "no time left" for hearing the matter on October 12, 2026. Consequently, the appeal was adjourned and listed for next hearing on November 19, 2026. No substantive order was passed on the merits of the case.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment