Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: September 14, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard two connected appeals filed by Steel Authority of India Ltd. (SAIL). The appeals, numbered CA (AT) (Ins) No. 1724 of 2025 and CA (AT) (Ins) No. 1725 of 2025, were filed against an order concerning Uday Naryan Mitra, who is the Resolution Professional (RP) of Arss Infrastructure Pvt. Ltd., and another respondent. The appeals were presented before a bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Final Outcome
The NCLAT bench adjourned both appeals due to a lack of time for a proper hearing. The appeals were subsequently listed for the next hearing on October 9, 2026. No substantive order was passed on the merits of the case during this hearing.
Topics: NCLAT Proceedings, Corporate Insolvency