Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 08.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 92 of 2026 between REC Limited (Appellant) and Poena Power Development Ltd (Respondent). The proceedings were conducted in hybrid mode. Both parties were represented by legal counsel: Adv. Srideepa Bhattacharyya and Adv. Anushka Chouhan appeared for the Appellant (REC Limited), while Adv. Siddharth Josh and Adv. Ujjwala Gupta represented the Respondents (Poena Power Development Ltd). The bench consisted of Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member Technical), and Mr. Ajai Das Mehrotra (Member Technical).
The order does not disclose the substantive nature of the insolvency dispute, allegations, or background of the case. No arguments, observations, or reasoning were recorded in this particular hearing.
Final Outcome
The Tribunal listed the appeal for the next hearing on 15.10.2026. No substantive orders, directions, or decisions were issued in this proceeding beyond scheduling the next hearing date.
Topics: NCLAT Proceedings, Insolvency Appeal, Power Sector