Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 754 of 2024 along with Interlocutory Applications No. 2697 of 2024 and 1588 of 2026. The appeal involves Vistra ITCL (India) Ltd & Others as appellants versus Satra Properties (India) Ltd & Others as respondents. The proceedings were conducted in hybrid mode with multiple legal representatives appearing for the parties involved.
Final Outcome
The NCLAT bench comprising Justice N. Seshasayee (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical) adjourned the matter and listed the appeal for next hearing on 14th August, 2026. No substantive decisions on the merits of the case were made in this order, which served solely as a scheduling update.
Topics: NCLAT Proceedings, Insolvency Appeal, Legal Adjournment