Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 21 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard 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 were presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Arun Baroka (Member - Technical). Representation included Senior Advocate Mr. Gopal Jain with a team of advocates for the appellant, and Mr. Rajeev Chowdhary, Advocate for Respondent-1 (SREI Infrastructure Finance Ltd.).

Final Outcome

The tribunal adjourned the hearing due to time constraints without conducting any substantive proceedings. The appeals were relisted for the next hearing on 6 November 2026. No rulings on merits, observations on the dispute, or interim directions were issued in this order.

Topics: NCLAT Proceedings, Corporate Litigation, Adjournment