SE Transstadia Director Adjournment Appeal at NCLAT

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

Order Date: 18 September 2026

Case Overview

This is an order from the National Company Law Appellate Tribunal (NCLAT) in an appeal numbered Comp. App. (AT) (Ins) No. 1779 of 2026. The appellant is Udit Harish Sheth, identified as the Suspended Director of SE Transstadia Pvt. Ltd. The respondents are Union Bank of India and another unnamed party (Anr.). The order is procedural and deals solely with a request for an adjournment.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical), adjourned the appeal. The adjournment was granted based on a request made by the Learned Counsel for the Appellant, Mr. Aman Raj Gandhi. The appeal is now rescheduled to be listed for hearing on Monday, 21 September 2026.

Topics: Insolvency Appeal, Adjournment, Banking