Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Bench: Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical)
Order Date: 13.08.2026
Case Overview
The order pertains to four interconnected Company Appeals filed by Anchor Leasing Pvt. Ltd. (Appellant) against Vaishali Patrikar in her capacity as the Resolution Professional (RP) of the Corporate Debtor, Satra Properties (India) Ltd., and other respondents. The appeals were registered as Comp. App. (AT) (Ins) No. 610 of 2024, Comp. App. (AT) (Ins) No. 612 of 2024, Comp. App. (AT) (Ins) No. 1934 of 2024, and Comp. App. (AT) (Ins) No. 1074 of 2024. The matters were heard together in a hybrid mode. The legal representation for the Appellant was consistent across all appeals, led by Mr. Aman Varma. The Respondents were represented by a team led by Mr. Divyanshu Rai for the first respondent, with the RP, Ms. Vaishali Patrikar, also appearing in person.
Final Outcome
The Tribunal issued a purely procedural order. It recorded that there was "no time left" to hear the matters on the scheduled date. Consequently, the Bench adjourned all four appeals and relisted them for the next hearing on 23.09.2026. No substantive arguments were heard, and no rulings were made on the merits of the appeals.
Topics: NCLAT, Corporate Insolvency, Adjournment