NCLAT Adjourns SREI Equipment vs Raasi Refractories Appeal

Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Order Date: June 19, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in Company Appeal (AT) (CH) (Ins) No.145/2023. The appeal involves SREI Equipment Finance Limited as the appellant challenging Raasi Refractories Limited as the respondent. The matter was heard in hybrid mode with legal representation from both parties: Mr. Rahul (advocate) and Mr. Anant Merathia (advocate) representing the appellant, and Ms. Devangi (PCS) and Mr. Y. Suryanarayana (advocate) representing the respondent. The bench comprised Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical).

Final Outcome

The NCLAT has adjourned the hearing of this appeal and listed it for the next hearing on August 31, 2026, under the caption 'For Hearing'. This is a procedural adjournment without any substantive decision on the merits of the case.

Topics: NCLAT Proceedings, Corporate Litigation, Insolvency Appeal