Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 20, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1381 of 2026, an appeal filed by Samskar Financial Services Pvt. Ltd. (Appellant) against Rhythm Infra Properties Pvt. Ltd. (Respondent). The appellant was represented by Mr. Anoop Prakash Awasthi, Advocate, while the respondent had no representation at this hearing. The tribunal heard the submissions from the appellant's counsel and perused the record of the case.
After consideration, the bench consisting of Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) determined that the matter requires consideration by the appellate tribunal.
Final Outcome
The NCLAT issued formal notice to the respondent, Rhythm Infra Properties Pvt. Ltd. The appellant was directed to complete all necessary steps and requisites for serving notice within four working days from August 20, 2026. The appeal has been listed for the next hearing on September 15, 2026, under the heading 'For Admission (After Notice)'.
Topics: Corporate Insolvency, Appellate Proceedings, Legal Notice