Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 09 July 2026
Case Overview
This document is a procedural order from the National Company Law Appellate Tribunal (NCLAT) in an ongoing appeal. The appellant is M H Dalal & Associates, a firm challenging an action or order of the respondent, the National Financial Reporting Authority (NFRA), India's independent audit regulator. The appeal is registered as Company Appeal (AT) No. 135 of 2023. Three Interlocutory Applications (I.A. No. 3393, 3394, and 3395 of 2023) are also linked to this main appeal. The legal representation for the appellant is led by Mr. Karan Malhotra, along with Mr. Anant Tripathi and Mr. A. Sharma. The NFRA is represented by Mr. Zoheb Hossain and Mr. Satyam.
Final Outcome
The two-member bench, comprising Justice Mohammad Faiz Alam Khan (Judicial Member) and Naresh Salecha (Technical Member), noted that there was no time left to hear the matter on the scheduled date. Consequently, the bench adjourned the hearing and listed the appeal along with its connected applications for the next date of hearing on 11th August 2026. No substantive arguments were heard or decisions made on the merits of the case in this order.
Topics: NCLAT, NFRA, Audit Regulation