Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by Golden Years Properties Pvt. Ltd. as the appellant against Asset Reconstruction Company (India) Ltd. (ARCIL) and other respondents. The appeals are numbered Comp. App. (AT) (Ins) No. 1418 of 2026 (with I.A. No. 5428 of 2026) and Comp. App. (AT) (Ins) No. 1452 of 2026 (with I.A. No. 5613 of 2026). The matters appear to involve disputes between a real estate company and an asset reconstruction company, though the specific nature of the underlying insolvency proceedings is not detailed in this procedural order.
Final Outcome
The three-member bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, adjourned both appeals and listed them for hearing on September 3, 2026. The order was passed in hybrid mode, indicating both physical and virtual participation.
Topics: NCLAT Proceedings, Corporate Insolvency