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

Order Date: 29 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard an interlocutory application (IA No. 6044 of 2026) in the matter of Comp. App. (AT) (Ins) No. 1744 & 1745 of 2025. The appeal involves CFM Asset Reconstruction Pvt. Ltd. as the appellant against SDB Developers Pvt. Ltd. & Others as respondents. During the hearing, the appellant's counsel argued for some length of time and subsequently agreed that their grievance would be addressed if the appeal could be listed for an early final hearing. The respondent's counsel did not object to this proposal.

Final Outcome

The NCLAT disposed of the interlocutory application by scheduling the appeal for final hearing on 28 October 2026 at 2:00 PM. The appeal will be heard along with all pending applications under the caption 'for hearing'. The tribunal also granted liberty to counsel for both parties to mention the case for being taken up out of turn if needed. The bench comprised Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).

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