Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 15 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by SREI Equipment Finance Ltd. The first appeal (Comp. App. (AT) (Ins) No. 2231 of 2024) is against the Liquidator of AMW Motors Ltd., Mr. Avil Menezes. The second appeal (Comp. App. (AT) (Ins) No. 2232 of 2024) is against Indian Overseas Bank & Others. Both matters were heard together. The appellant, SREI Equipment Finance Ltd., was represented by advocates Mr. Siddhant Buxy, Mr. Aditya Raj, and Mr. Ativ Patel. The respondents were represented by advocates Mr. J Rajesh, Md. Arsalan Ahmed, Mr. Yashwardhan Aggarwal, and Mr. Ali Abas Masoodi.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), issued a procedural order adjourning the hearings. The order states "No time left" and lists both appeals for the next hearing on 12 August 2026. No substantive rulings, observations, or decisions on the merits of the cases were made in this order.
Topics: Insolvency Litigation, Procedural Adjournment