Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 08.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard seven connected appeals filed by major audit firms and individuals against the Union of India and Ministry of Corporate Affairs. The appeals involve:
- Company Appeal (AT) No. 192 of 2026: Udayan Sen vs. Union of India
- Company Appeal (AT) No. 193 of 2026: (Appellant not specified) vs. Union of India
- Company Appeal (AT) No. 199 of 2026: Deloitte Haskins and Sells LLP vs. Union of India
- Company Appeal (AT) No. 200 of 2026: Ravi Bansal vs. Union of India
- Company Appeal (AT) No. 201 of 2026: SRBC & Co LLP vs. Union of India
- Company Appeal (AT) No. 214 of 2026: B S R & Associates LLP vs. Union of India, Ministry of Corporate Affairs
- Company Appeal (AT) No. 215 of 2026: N. Sampath Ganesh vs. Union of India, Ministry of Corporate Affairs
The appellants are represented by senior advocates including Mr. Arun Kathpalia, Mr. Jayant Mehta, Mr. Mahesh Agarwal, Mr. Koshy John, and Mr. Vijayendra Pratap Singh, along with their respective legal teams. The Union of India is represented by Mr. Aditya Sikka, Mr. Onshi Jakhar, and Mr. Yuganshi Singh across all appeals.
Final Outcome
The Tribunal noted that pleadings are complete in Company Appeal (AT) Nos. 192, 193, 199, 214, and 215 of 2026. A hard copy of rejoinder was taken on record for Appeals 214 and 215. For Company Appeal (AT) Nos. 200 and 201 of 2026, the Union of India has not filed its reply and was granted two weeks to do so, with rejoinder due within two weeks thereafter. All appeals are listed for next hearing on 04.11.2026. The interim order currently in place will continue until the next hearing date.
The order was passed by a bench comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).
Topics: NCLAT Proceedings, Auditor Appeals, Regulatory Compliance