Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two interconnected company appeals arising from insolvency proceedings. The first appeal (Company Appeal (AT) (Ins) No. 986 of 2023) was filed by Anil Contractors Pvt. Ltd. as the appellant against SREI Equipment Finance Ltd. as the respondent. The second appeal (Company Appeal (AT) (Ins) No. 1047 of 2023) was filed by SREI Equipment Finance Ltd. as the appellant against Anil Contractor Pvt. Ltd. as the respondent. Both matters were represented by legal counsel during the hearing.
Final Outcome
Due to paucity of time, the matters could not be taken up for substantive hearing on 09 October 2026. The NCLAT bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Indevar Pandey (Member Technical) adjourned both company appeals to 19 November 2026 for next hearing.
Topics: NCLAT, Insolvency Appeal, Adjournment