Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 18 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has adjourned the hearing of Company Appeal (AT) No. 198 of 2023 filed by Sundaresha & Associates & Anr. (Appellants) against the National Financial Reporting Authority (NFRA) (Respondent). The appeal challenges regulatory actions or decisions taken by NFRA against the audit firm. The matter was listed before a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Final Outcome
The tribunal adjourned the hearing due to time constraints and listed the appeal for next hearing on 16 November 2026. No substantive hearing or decision on merits occurred in this order. The interim applications numbered I.A. No. 4855, 4856 of 2023 and 4100 of 2025 remain pending along with the main appeal.
Topics: Regulatory Appeal, Audit Compliance, NCLAT Proceedings