NCLAT Lists SEBI Appeal for July Hearing

Case Details

Case Name: Securities and Exchange Board of India vs. Nageshwara Rao. Y. & Ors.

Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi

Case Number: Company Appeal (AT) (Ins) No. 1688 of 2025

Interlocutory Applications: I.A. No. 6660 of 2025, I.A. No. 6661 of 2025

Order Date: 26 May 2026

Mode of Hearing: Hybrid Mode

Parties Involved

Appellant: Securities and Exchange Board of India (SEBI)

• Represented by: Advocates Mr. Abhishek Baid, Mr. Mohit Kumar Bafna, Mr. Praneet Das, and Mr. Ravinder Kumar.

Respondents: Nageshwara Rao. Y. & Ors.

• Represented for R2 by: Advocates Mr. Himanshu Satija and Mr. Pranav Saigal.
• Other Representation: Mr. Anshul Rao and another advocate (name partially provided) also appeared for the respondents.

Final Ruling & Enforcement

The bench, comprising Justice N Seshasayee (Member - Judicial), Mr. Arun Baroka (Member - Technical), and Mr. Indevar Pandey (Member - Technical), issued a procedural order. The appeal and its connected interlocutory applications (I.A. No. 6660 & 6661 of 2025) have been listed for the next hearing on 29 July 2026. No findings, observations, penalties, or directions on the merits of the case were issued in this order.