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

Order Date: 16.09.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench has listed multiple interconnected appeals between Infrastructure Leasing & Financial Services Ltd (IL&FS) and Abhigam Shares & Securities Pvt. Ltd. for hearing. The appeals include Company Appeal (AT) No. 101 of 2024 (filed by Abhigam Shares & Securities Pvt. Ltd. & Anr. against IL&FS & Ors.), Company Appeal (AT) Nos. 141 and 142 of 2024 (filed by IL&FS against Abhigam Shares & Securities Pvt. Ltd. & Ors.), along with Interim Applications I.A. No. 3334 and 3335 of 2024.

The appeals were heard by a three-member bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical). The appellants were represented by Ms. Tine Abraham and Pundri Kaksh Mitra, Advocates, while the respondents were represented by Mr. Rainak Dhillon, Ms. Isha Malik, Mr. Nihaad Dewan, and Ms. Anusha Sarkar, Advocates.

Final Outcome

The NCLAT directed that all these appeals be listed for hearing on November 27, 2026. This is a procedural order that simply schedules the matter for future hearing without addressing the substantive merits of the case.

Topics: NCLAT Proceedings, Corporate Litigation, Financial Services Dispute