Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical), has listed an insolvency appeal filed by LIC Housing Finance Ltd. for hearing on 1 October 2026. The appeal, registered as Comp. App. (AT) (Ins) No. 1854 of 2026, involves LIC Housing Finance Ltd. as the secured financial creditor and appellant, while the respondents include Shyam Arora (Resolution Professional for SRS Real Estate Ltd.) and others. The proceedings were conducted in hybrid mode, and multiple legal representatives are involved, including advocates Mr. Sarthak Mangla, Mr. Rajan Kumar Hans, and Senior Advocate Mr. Vipul Ganda along with Mr. Anil Jindal, Mr. Raghav Marwaha, and Ms. Nitu Barik representing various respondents.
Final Outcome
The tribunal did not adjudicate on the merits of the case but simply listed the appeal for hearing on 1 October 2026 under the same caption, indicating that the substantive hearing will take place on that date.
Topics: Insolvency Appeal, Corporate Debtor, Hearing Adjournment