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

Order Date: October 7, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1410 of 2025. The appellant is Madhuparna Sinha, suspended director of Nurit Properties Pvt. Ltd. The respondents are SREI Equipment Finance Ltd. & Anr. The appeal was presented in hybrid mode with legal representation from both sides: Mr. Tejaswi Bhanu, Advocate for the applicant, and Mr. Sanjiv Sen, Senior Advocate along with Mr. Arijit Mazumdar, Ms. Anoushka Dey, Mr. Prahlad Balaji, and Ms. Jharna Singh, Advocates for the respondents. The bench consisted of Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical).

Final Outcome

The tribunal adjourned the matter and listed the appeal for next hearing on October 28, 2026. This is a procedural order that does not address the substantive merits of the case.

Topics: NCLAT Proceeding, Corporate Insolvency, Legal Adjournment