NCLAT Admits Ramakumar Nair Appeal Against Edelweiss ARC

Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi

Order Date: 06 November 2026

Case Overview

This order pertains to Comp. App. (AT) (Ins) No. 2174 of 2026, an appeal filed by Ramakumar Purayath Nair (Appellant) against Edelweiss Asset Reconstruction Company Ltd. & Anr. (Respondents). The bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), heard the learned senior counsel for the appellant, Mr. K. Datta. Prior to the appeal hearing, an Interlocutory Application (I.A. No. 8127 of 2026) was disposed of. The tribunal directed that if any document appears dim during the appeal hearing, the appellant must file a typed copy within a stipulated time.

Final Outcome

The NCLAT found that the appeal matter requires consideration. The tribunal issued a formal notice for the appeal as well as for a stay application. The appellant was directed to complete all necessary steps for serving this notice by 18 November 2026. The appeal has been listed for its next hearing on 10 December 2026 under the caption "After Notice".

Topics: NCLAT, Insolvency Appeal, Edelweiss ARC