Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected appeals: Comp. App. (AT) (Ins) No. 1038 of 2020 and Comp. App. (AT) (Ins) No. 1043 of 2020. The appellant in both matters is ArcelorMittal Nippon Steel India Pvt. Ltd. (formerly Essar Steel India Ltd.). The primary respondent is SREI Infrastructure Finance Ltd., along with other respondents. The appeals appear to relate to insolvency proceedings. Senior Advocate Mr. Gopal Jain, along with a team of advocates, represented the appellant. Advocate Mr. Rajeev Chowdhary represented respondent No. 1 (SREI Infrastructure Finance Ltd.).
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Arun Baroka (Member Technical), adjourned the hearing of both appeals. The order states "No time left" as the reason for adjournment. The matters have been listed for the next hearing on 6 November 2026. No substantive hearing or decision on the merits of the case was made in this order.
Topics: NCLAT Proceedings, Corporate Insolvency, Legal Adjournment