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

Order Date: 24th September, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1410 of 2025, filed by Madhuparna Sinha, the Suspended Director of Nurit Properties Pvt. Ltd., against SREI Equipment Finance Ltd. and another respondent. The appeal arises from insolvency proceedings concerning Nurit Properties Pvt. Ltd. The proceedings were conducted in hybrid mode with legal representation present for all parties: Mr. Abhishek Anand for the appellant, Mr. Sanjiv Sen (Senior Advocate) with a team of advocates for the respondents, and additional advocates representing the Resolution Professional.

Final Outcome

The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, adjourned the matter. The appeal has been listed for next hearing on 07th October, 2026, where it will be heard in the first five matters immediately after the supplementary list. No substantive decisions on the merits of the case were made in this order.

Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings