Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 21 August 2026
Case Overview
This is an interim procedural order in an appeal filed by IIFL Home Finance Ltd. (Appellant) against Pashmina Realty Pvt. Ltd. (Respondent). The case is registered as CA (AT) (Ins) No. 1117 of 2026, with two connected Interlocutory Applications (I.A. No. 4147 and 4370 of 2026). The order addresses a request made by the Appellant's counsel regarding the filing of pleadings.
The Appellant was represented by advocates Mr. Gulshan Kr. Sachdev and Ms. Shalini Singh. The Respondent was represented by advocate Mr. Aman Malik.
The Tribunal noted the Appellant's request and granted a period of ten days specifically for the purpose of filing a rejoinder to the objections that had been filed by the Respondent.
Final Outcome
The Tribunal adjourned the matter and listed it for the next hearing on 22 September 2026 under the caption 'for admission after notice'. A key clarification was issued stating that the mere pendency of this appeal shall not cast any shadow on any other proceeding that may be pending before the Tribunal.
Topics: NCLAT, Insolvency Appeal, Procedural Order