Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 16, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected matters related to the insolvency proceedings of Haldiram Fincap Pvt. Ltd. The appeals include Comp. App. (AT (Ins) No. 1255 of 2025 filed by Prabhakar Kumar, the Resolution Professional of Haldiram Fincap Pvt. Ltd., against Sunil Sachdeva & Others; Comp. App. (AT) (Ins) No. 1477 of 2025 filed by Sunil Sachdeva against Haldiram Fincap Pvt. Ltd. & Others; and 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.
Multiple advocates represented the various parties: Mr. Ishwar Mohapatra and Mr. Animesh Pandey appeared for the Resolution Professional; Mr. Parth Mahajan represented Respondent-3; Mr. Swapnil Gupta and Mr. Vaibhav Mendiratta represented Respondent-1 (Sunil Sachdeva); and Mr. Abhishek Anand, Mr. Karan Kohli, and Mr. Anindita Shah Debahuti represented Respondent-2.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), adjourned all matters due to time constraints. The appeals and contempt case have been rescheduled for hearing on August 3, 2026. No substantive decisions or rulings on the merits of the cases were made in this order.
Topics: Corporate Insolvency, NCLAT Proceedings, Adjournment