Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 15.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench addressed three interconnected matters involving Haldiram Fincap Pvt. Ltd. The cases include Company Appeal (AT) (Insolvency) No. 1255 of 2025 filed by Prabhakar Kumar, the Resolution Professional of Haldiram Fincap Pvt. Ltd., against Sunil Sachdeva & Ors. Simultaneously, Company Appeal (AT) (Insolvency) No. 1477 of 2025 was filed by Sunil Sachdeva against Haldiram Fincap Pvt. Ltd. & Ors. Additionally, Contempt Case (AT) No. 33 of 2024 in Company Appeal (AT) (Insolvency) No. 307 of 2023 involving Sunil Sachdeva versus Prabhakar Kumar, RP of Haldiram Fincap Pvt. Ltd. was also before the tribunal. The legal representation remained consistent across all matters, with Mr. Ishwar Mohapatra advocating for the Resolution Professional and Mr. Swapnil Gupta and Mr. Vaibhav Mendiratta representing Sunil Sachdeva.
Final Outcome
The NCLAT Bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical) could not hear the matters due to paucity of time. Consequently, all appeals and the contempt case were adjourned and listed for next hearing on 02.12.2026. No substantive hearings or decisions on the merits of the cases occurred during this proceeding.
Topics: Insolvency Proceedings, NCLAT Adjournment, Corporate Litigation