Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 18 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1493 of 2026 along with I.A. No. 5663 and 5741 of 2026. The appellants are Pradeep Arora and Others, while the respondent is Sanjay Gupta in his capacity as the Liquidator of Future Retail Ltd. The appeal relates to insolvency proceedings concerning Future Retail Ltd. The appellants are represented by Advocates Swastika Kumari and Aditya Narayan.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson) and Mr. Ajai Das Mehrotra (Member Technical) adjourned the hearing of the appeal and listed the matter for the next hearing on 8 September 2026. No substantive orders were passed in the matter during this hearing.
Topics: Insolvency Proceedings, Retail Sector, Legal Adjournment