Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 02 September 2026
Case Overview
This order pertains to two Interlocutory Applications (I.A. No. 5098 & 5099 of 2026) filed in the main appeals Comp. App. (AT) (Ins) No. 476 & 477 of 2026. The appellant, Rankini Power Generation Ltd., had filed appeals against the respondents, namely Bhuvan Madan (in his capacity as the Resolution Professional of Hiranmaye Energy Limited) and others. The learned counsel for the appellant, Ms. Srishti Juneja, Advocate, submitted that she had filed Vakalatnamas and had received instructions to withdraw the appeals unconditionally.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, considered the submission. The tribunal allowed the unconditional withdrawal and dismissed the appeals (CA(AT)(Ins.) No. 476 & 477 of 2026). The two interlocutory applications seeking withdrawal were disposed of.
Topics: Insolvency Proceeding, NCLAT Order