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

Order Date: 23.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 74 of 2026 between the National Highways Authority of India (Appellant) and National Assets Reconstruction Company Ltd. along with another respondent. This is an insolvency-related appeal proceeding. During the hearing, counsel for the respondent submitted that two related appeals - CA (AT) (Ins) Nos. 1695/2025 and 1697/2025 - have both been dismissed. The respondent's counsel was directed to file copies of these judgments before the next hearing date. The appellant's counsel requested an adjournment citing the unavailability of their arguing counsel.

Final Outcome

The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical) adjourned the matter to September 8, 2026. The tribunal specifically ordered that the pendency of this appeal will not interfere with or obstruct any proceedings currently underway before the National Company Law Tribunal (NCLT).

Topics: NCLAT Proceedings, Insolvency Appeal, Infrastructure Dispute