Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals filed by SREI Multiple Asset Investment Trust against Odisha Slurry Pipeline Infrastructure Ltd (OSPIL) and other respondents. The appeals were registered as Comp. App. (AT) (Ins) No. 1197 of 2026 and Comp. App. (AT) (Ins) No. 1223 of 2026, both involving the same parties. Multiple interim applications (I.A. No. 4516, 4635 of 2026 and I.A. No. 4519, 4735 of 2026) were also pending in these matters. The appellant was represented by Ms. Sristi Juneja, Advocate, while the respondents were represented by Mr. Ritin Rai, Senior Advocate, along with a team of nine other advocates.
Final Outcome
The three-member bench comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical) adjourned both appeals and listed them for next hearing on September 16, 2026. The order was passed in hybrid mode, indicating a combination of physical and virtual hearing.
Topics: NCLAT Proceedings, Corporate Litigation, Adjournment