Power Trust NCLAT Insolvency Appeal Adjourned to October

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

Order Date: 17 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard arguments in Company Appeal (AT) (Insolvency) No. 418 of 2026 filed by Power Trust as appellant against Bhuvan Madan, the Resolution Professional of Hiranmaye Energy Ltd., and other respondents. The appeal arises from insolvency proceedings concerning Hiranmaye Energy Ltd. The tribunal heard learned senior counsel for the appellant in part during the hearing conducted in hybrid mode.

Final Outcome

The NCLAT adjourned the appeal for further arguments scheduled on 1 October 2026 at 2:00 PM. The tribunal specifically ordered that the existing interim order shall continue to remain in effect until the next hearing date. The bench comprised Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical).

Topics: Insolvency Appeal, NCLAT Proceedings, Corporate Litigation