Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: September 9, 2026

Case Overview

This is an order in Company Appeal (AT) (Insolvency) No. 418 of 2026. The appellant is Power Trust, and the respondents are Bhuvan Madan (Resolution Professional of Hiranmaye Energy Ltd) & Others. The appeal concerns insolvency proceedings related to Hiranmaye Energy Ltd. Senior counsel for both parties were present during the hearing conducted in hybrid mode.

Final Outcome

The Tribunal heard the learned senior counsel for the appellant in part and adjourned the matter. The appeal is listed for further arguments on September 17, 2026, at 2:00 PM. The previously scheduled date of September 16, 2026, stands cancelled.

Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation