Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two linked company appeals:
- Company Appeal (AT) (Ins.) No. 575 of 2020: Filed by Marathe Hospitality (through its partner Anoop Naik) against Mahesh Surekha (Resolution Professional of Phadnis Resorts and Spa India Ltd.) and Others
- Company Appeal (AT) (Ins.) No. 1078 of 2022: Filed by Marathe Hospitality against Mahesh Sureka and Others
The appeals appear to be related to insolvency proceedings involving Phadnis Resorts and Spa India Ltd., with Marathe Hospitality challenging actions or decisions of the Resolution Professional.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial), Mr. Arun Baroka (Member Technical), and Mr. Indevar Pandey (Member Technical) could not hear the matters due to "paucity of time." The appeals were adjourned and listed for next hearing on November 4, 2026. No substantive decisions were made in this order.
Topics: NCLAT, Insolvency, Adjournment