Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 31st July, 2026
Case Overview
This is an appeal filed before the National Company Law Appellate Tribunal (NCLAT) under the insolvency law, registered as Company Appeal (AT) (Insolvency) No. 1410 of 2025. The appellant is Madhuparna Sinha, who is identified as the Suspended Director of Nurit Properties Pvt. Ltd. The respondents are SREI Equipment Finance Ltd. & Anr. (And Another). The appeal was heard in hybrid mode. The legal representation for the appellant was Mr. Tejaswi Bhanu, Advocate. The respondents were represented by Mr. Sanjeev Sen, Senior Advocate, along with a team of advocates including Mr. Arjit Maumdar, Mr. Prahalad Balaji, Mr. Anoushka Dey, and Mr. Jhurna Singh. Mr. Aishwarya Adlakh, Advocate, appeared for the Resolution Professional (RP).
Final Outcome
The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, did not issue a substantive ruling on the appeal. The order is purely procedural, directing that the appeal be listed again for hearing on a future date. The next date of hearing is scheduled for 2nd September, 2026. The matter remains pending.
Topics: Insolvency Appeal, NCLAT, Corporate Litigation