Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two sets of interconnected appeals related to insolvency matters. The first set of appeals (Comp. App. (AT) (Ins) No. 1090-1093 of 2026) involves Edelweiss Asset Reconstruction Company Ltd. as the appellant against Fab Metals Pvt. Ltd. & Others as respondents. The second set of appeals (Comp. App. (AT) (Ins) No. 1119-1120 of 2026) involves Lodha Developers Limited as appellant against CA Kanak Jani (the Resolution Professional of Premier Limited) & Others as respondents.
The legal representation included Senior Advocates Mr. Abhijeet Sinha (for Edelweiss ARC in the first matter and for respondents in the second matter) and Mr. Arun Kathpalia with Mr. Vaibhav Gaggar (for respondents in the first matter and for Lodha Developers in the second matter). Additional advocates represented the Resolution Professional and the Successful Resolution Applicant in both matters.
The bench comprising Justice Yogesh Khanna (The Officiating Chairperson) along with Technical Members Barun Mitra and Ajai Das Mehrotra heard the matters in hybrid mode.
Final Outcome
The NCLAT adjourned the hearing of all appeals and listed them for the next hearing on July 31, 2026, at 2:00 PM. The tribunal directed that any interim orders previously granted in these matters shall continue to remain in effect until the next date of hearing. No substantive decisions on the merits of the cases were made in this order.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation