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

Order Date: 06.08.2026

Case Overview

This order deals with two connected appeals filed against the National Financial Reporting Authority (NFRA): Comp. App. (AT) No. 193 of 2023 by K Pandeya & Co. & Anr. and Comp. App. (AT) No. 226 of 2023 by CA Ramesh Pipalawa. The appeals challenge orders passed by the NFRA. During the hearing, the counsel for the appellant in CA(AT) No. 193 of 2023 requested that the two appeals be de-tagged, meaning they should be heard separately instead of being connected. The counsel for the NFRA raised no objection to this request.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical), allowed the request. Appeal CA(AT) No. 193 of 2023 was formally de-tagged/delinked from CA(AT) No. 226 of 2023. Both appeals were adjourned and listed for their next separate hearings on September 2, 2026.

Topics: NCLAT Procedure, NFRA Appeals