Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1083 of 2025 along with two Interlocutory Applications (I.A. No. 5346 of 2025 and I.A. No. 647 of 2026). The appeal involves Phoenix ARC Pvt. Ltd. as the appellant and AJR Infra & Tolling Ltd. as the respondent. Both parties were represented by senior advocates and legal counsel. The matter was heard in hybrid mode.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra, adjourned the hearing of the appeal. The next hearing is scheduled for November 27, 2026, at 2:00 PM. The interim order previously granted in this case was directed to continue until the next hearing date.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment