Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 18 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard procedural matters related to Company Appeal (AT) No. 116 of 2023 along with connected Interlocutory Applications (I.A. Nos. 3026, 3027 of 2023 and 4101 of 2025). The appeal was filed by Sundaresha & Associates & Others (Appellants) against the National Financial Reporting Authority (NFRA) (Respondent). The appellants were represented by advocates Mr. Rishi Singhal, Ms. Pannu Rana, and Ms. Reema, while the respondent NFRA was represented by Senior Advocate Mr. Zoheb Hossain along with advocates Mr. Siddharth Praveen Acharya, Mr. Vivek Guenani, Mr. Satyam, and Mr. Manav Saxena.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) noted that there was "No time left" for hearing the substantive matter. Consequently, the appeal was adjourned and listed for the next hearing on November 16, 2026. No substantive arguments were heard, and no decisions were made on the merits of the case during this hearing.
Topics: NCLAT Proceedings, Regulatory Appeal, Adjournment