Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 23 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical), heard two connected insolvency appeals. The appeals, numbered Company Appeal (AT) (Insolvency) No. 447 of 2024 and Company Appeal (AT) (Insolvency) No. 448 of 2024, were filed by appellant Sunny Garg against respondents Religare Finvest Ltd. & Anr. (in Appeal No. 447) and Religare Finvest Ltd. (in Appeal No. 448). The appeals challenge orders or decisions of the National Company Law Tribunal (NCLT) related to insolvency proceedings involving Religare Finvest Ltd. Interlocutory Applications I.A. No. 1544 and 1545 of 2025 were also filed in connection with Appeal No. 447. The respondents were represented by advocates Mr. Sanjeev Singh, Ms. Sandipa, and Ms. Anshita Argal.
Final Outcome
The NCLAT bench adjourned both appeals and listed them for the next hearing on 02 September 2026. No substantive decision on the merits of the appeals was made in this order, which served solely to schedule the next hearing date.
Topics: Insolvency Proceedings, Legal Adjournment