Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 01.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard a restoration application (AT) No. 25 of 2026 in Comp. App. (AT) No. 12 of 2024. The matter involves CA Apoorve Bansal as the appellant appealing against the National Financial Reporting Authority (NFRA) as the respondent. The proceeding was conducted in hybrid mode with legal representation from both sides: Mr. Tarun Verma, Advocate for the appellant, and Mr. Zoheb Hossain & Mr. Satyam, Advocates for NFRA.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) issued procedural directions. NFRA's counsel submitted that they had filed their reply 'online' and sought permission to file the hard copy, which was granted by the tribunal. The appellant's counsel declared that they would not file any rejoinder to NFRA's reply. The matter was listed for the next hearing under the same caption on 13.07.2026.
Topics: NCLAT Proceedings, NFRA Appeal, Legal Procedure