Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 23, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Company Appeal (AT) (Insolvency) No. 650 of 2025 along with I.A. No. 3939 and 3966 of 2026. The appeal involves Harkar Developers Pvt. Ltd. as the appellant versus Dera Finvest Pvt. Ltd. and Others as respondents. The hearing was conducted in hybrid mode. Notably, there was no representation for the appellant during this hearing. The respondents were represented by advocates Ms. Rachika J Agarwal and Mr. S.N. Fuladi appearing for Respondent-3.
Final Outcome
The NCLAT bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), ordered that the appeal be listed for next hearing on September 28, 2026. The order represents a procedural adjournment without substantive ruling on the merits of the insolvency appeal.
Topics: Insolvency Appeal, NCLAT Proceeding