Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 28, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Insolvency) No. 623 of 2025 along with connected Interlocutory Applications I.A. No. 2419, 2420, and 2421 of 2025. The appeal involves IFCI Ltd as the appellant challenging Patil Construction & Infrastructure Ltd as the respondent. The order was issued in hybrid mode by a three-member bench consisting of Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical). Legal representation includes Mr. Amish Tandon and Ms. Vanshita Singh advocating for the appellant IFCI Ltd, and Ms. Nitika Jangir representing respondent Patil Construction & Infrastructure Ltd.
Final Outcome
The tribunal has listed the appeal for hearing on September 15, 2026. This is a procedural order that only schedules the next hearing date without addressing any substantive matters of the case. No decisions on merits, interim relief, or final disposition were made in this order.
Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation