NCLAT Adjourns IFCI Limited Appeal to September

Authority: National Company Law Appellate Tribunal, Chennai

Order Date: 16 July 2026

Case Overview

This is a procedural order in Company Appeal (AT) (CH) (Ins) No.397/2025 between appellant MS Laxman Rao and respondent IFCI Limited. The matter concerns an appeal under the appellate jurisdiction of the NCLAT, though the specific nature of the underlying insolvency dispute is not detailed in this procedural update.

Final Outcome

The Tribunal granted the appellant's counsel 3 weeks to file a rejoinder to the counter affidavit already submitted by IFCI Limited. The appeal has been adjourned and is now listed for hearing on 15 September 2026. The Tribunal specifically ordered that the interim order previously passed in this matter shall continue to remain in effect until the next date of hearing.

Topics: NCLAT Proceeding, Procedural Adjournment