Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected matters involving Haldiram Fincap Pvt. Ltd. The matters include:
- Comp. App. (AT) (Ins) No. 1255 of 2025: Filed by Prabhakar Kumar, Resolution Professional of Haldiram Fincap Pvt. Ltd. against Sunil Sachdeva & Ors.
- Comp. App. (AT) (Ins) No. 1477 of 2025: Filed against Haldiram Fincap Pvt. Ltd. & Ors.
- Contempt Case (AT) No. 33 of 2024 in Comp. App. (AT) (Ins) No. 307 of 2023: Filed by Sunil Sachdeva against Prabhakar Kumar, RP of Haldiram Fincap Pvt. Ltd.
Representation included Mr. Iswar Mohapatra, Advocate for the Appellant/RP in the first appeal and for the Contemnor in the contempt case; Mr. Swapnil Gupta and Mr. Vaibhav Mendiratta, Advocates for Respondent-1 in the first appeal and for the Appellant in the second appeal; and Mr. Parth Mahajan, Advocate for Respondent-3 in both appeals.
The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), noted that there was "No time left" to hear the matters on the scheduled date.
Final Outcome
The NCLAT adjourned all three matters and listed them for hearing on September 9, 2026. No substantive hearings or decisions on the merits of the cases occurred during this proceeding.
Topics: NCLAT Proceedings, Insolvency Matter, Adjournment