Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 31.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) issued a procedural order concerning Comp. App. (AT) (Ins) No. 1377 of 2026. The appellant in the matter is Abhinandan Holdings Pvt. Ltd. The respondents are J.M Financial Asset Reconstruction Company Ltd. & Others. The order notes that this appeal is connected with two other insolvency appeals: CA (AT) (Ins) No. 1241 of 2026 and CA (AT) (Ins) No. 1220 of 2026. The legal representation for the appellant was Mr. Sumant Batra, Sr. Advocate, along with Mr. Anandraj Shah, Mr. Avneesh Kumar Upadhayay, and Mr. Ankit Kumar Tiwari. For the first respondent (J.M Financial ARC), representation was by Mr. Abhijeet Sinha, Sr. Advocate with Mr. Chitranshul A. Sinha, Mr. Shivam Bhargava, Ms. Heena Kochar, and Ms. Rakshita Shorewala.
Final Outcome
The tribunal ordered that the connected appeals be listed together for their next hearing on 03.08.2026. No substantive ruling on the merits of the case was made in this order; it was purely a procedural directive for listing.
Topics: Insolvency, Legal Proceedings, NCLAT