Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by Golden Years Properties Pvt. Ltd. (Appellant) against Asset Reconstruction Company (India) Ltd. (ARCIL) and Another (Respondents). The appeals are registered as Company Appeal (AT) (Insolvency) No. 1418 of 2026 (with I.A. No. 5428 of 2026) and Company Appeal (AT) (Insolvency) No. 1452 of 2026 (with I.A. No. 5613 of 2026). The legal counsel for the appellant was Mr. Mansumyer Singh and Ms. Niharika Sharma. For the respondents, Mr. Krishnendu Dutta, Sr. Advocate, appeared with Ms. Pashmaja Kaul, Mr. Kushagra Sah, Mr. Azeem Parvez, and Mr. Harsh Gurbani. The bench was comprised of Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Final Outcome
The tribunal did not adjudicate on the merits of the appeals. The order is purely procedural, adjourning the hearing and listing both appeals for the next date of hearing on 15th September, 2026.
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