Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 15 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1386 of 2026 along with I.A. No. 5398 of 2026. The appeal involves Goodwill Iron and Steel Traders Pvt. Ltd as the appellant and IIFL Home Finance Ltd as the respondent. During the hearing conducted in hybrid mode, no representation appeared for the appellant company. The respondent IIFL Home Finance Ltd was represented by advocates Mr. Gulshan Kumar Sachdev, Ms. Shalini Singh, Ms. Babita Jain, and Mr. Manish Agarwal.
The three-member bench comprising Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical) considered the matter. The order was processed by court staff identified as Ram N./Manu D.
Final Outcome
The NCLAT adjourned the hearing and listed the appeal for the next hearing on 9 December 2026. No substantive decisions on the merits of the insolvency appeal were made in this order, which served solely to schedule the next hearing date.
Topics: Insolvency Appeal, Court Adjournment