Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three interconnected company appeals related to insolvency matters. The appeals involve multiple corporate entities including Paradise Systems Pvt. Ltd., Aadhar Infraholding Ltd., Energy Savings India Pvt. Ltd., and BDR Builders and Developers Pvt. Ltd., along with individual appellant Rahul Kumar Sharma. The matters were listed together for hearing with representation from multiple advocates representing the various appellants and respondents.
Final Outcome
The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) adjourned all three appeals to October 8, 2026. No substantive hearing or decision on the merits of the cases occurred during this proceeding. The order simply reschedules the matters for a future date.
Topics: NCLAT Proceedings, Company Appeals, Adjournment