Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 28, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1620 of 2025, an appeal filed by ARCK Resolution Professionals LLP against Edelweiss Asset Reconstruction Company Ltd. & Others. The hearing was conducted in hybrid mode. Legal representation was present for both parties: Mr. Abhishek Anand, Mr. Karan Kohli, Ms. Palak Kalra, and Ms. Vanshika Dhoot represented the Appellant (ARCK Resolution Professionals LLP). Mr. Hiral Gupta represented Respondent-1 (Edelweiss Asset Reconstruction Company Ltd.), while Mr. Aman Gandhi, Mr. Sameer Pandit, Mr. Ojasvi Sharma, Ms. Krina Gandhi, Mr. Chintan Pasad, and Mr. Dhairya Shroff represented Respondent-2.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned the hearing due to lack of time. The appeal was listed for the next hearing on September 2, 2026. No substantive proceedings or rulings on the merits of the case occurred during this hearing.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment