Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1117 of 2026 along with I.A. No. 4147 and 4370 of 2026. The appeal was filed by IIFL Home Finance Ltd against Pashmina Realty Pvt. Ltd, indicating an ongoing insolvency-related dispute between the housing finance company and the real estate firm. The proceedings were conducted in hybrid mode with legal representation present for both parties.
Final Outcome
The NCLAT adjourned the appeal to 16 July 2026 based on a request made by the appellant's counsel. The tribunal specifically clarified that the pendency of this appeal shall not affect any proceedings pending before any other forum. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Topics: Insolvency Appeal, Real Estate Dispute, Legal Proceedings