Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 28 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard a combination of appeals related to corporate insolvency proceedings. The appeals consist of Company Appeal (AT) (Insolvency) Nos. 1090-1093 of 2026, filed by Edelweiss Asset Reconstruction Company Ltd. against Fab Metals Pvt. Ltd. & Others, and Company Appeal (AT) (Insolvency) Nos. 1119 & 1120 of 2026, filed by Lodha Developers Limited against CA Kanak Jani (the Resolution Professional of Premier Limited) & Others. The order represents a procedural hearing where legal representatives for all parties were present, including senior advocates Mr. Abhijeet Sinha (for Edelweiss ARC), Mr. Arun Kathpalia and Mr. Vaibhav Gaggar (for Lodha Developers and other respondents), and Mr. Krishnendu Datta (for the Resolution Professional).
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Technical Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra, issued a procedural order listing these combined appeals for the next hearing on 16 October 2026 at 12:00 Noon. The tribunal directed that the interim order currently in effect shall continue until the next hearing date. No substantive decisions on the merits of the appeals were made in this order.
Topics: Insolvency Appeals, Corporate Litigation, NCLAT Proceedings