Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 22 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing two connected Company Appeals filed under the Insolvency and Bankruptcy framework. The appeals were filed by Mr. Sanyam Goel in his capacity as the Resolution Professional (RP) for two Corporate Debtors: Nitya Realtech Pvt. Ltd. (Company Appeal (AT) (Insolvency) No. 1379 of 2025) and Proview Infrastructure Pvt. Ltd. (Company Appeal (AT) (Insolvency) No. 1403 of 2025). The common respondent in both appeals is L & T Finance Ltd. & Ors. The nature of the dispute and the specific grounds for the appeals are not detailed in this procedural order. The matters were listed for hearing on 22.09.2026.
Final Outcome
The two-member bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Ajai Das Mehrotra (Member - Technical), did not hear the matter on the scheduled date. The order states the reason for adjournment as "No time left." Consequently, the tribunal rescheduled both appeals for a fresh hearing on 16 November 2026. No substantive orders or observations on the merits of the cases were passed.
Topics: Insolvency Appeal, NCLAT, Adjournment