Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23rd July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Company Appeal (AT) (Insolvency) No. 650 of 2025 along with I.A. No. 3939 and 3966 of 2026. The appeal involves Harkar Developers Pvt. Ltd. as the appellant against Dera Finvest Pvt. Ltd. and other respondents. During the hearing on 23rd July 2026, no representation was present for the appellant, while advocates Ms. Rachika J Agarwal and Mr. S.N. Fuladi represented Respondent-3.
Final Outcome
The three-member bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) ordered that the appeal be listed for hearing on 28th September 2026. The order was issued in hybrid mode, indicating the proceedings accommodated both physical and virtual participation.
Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation