Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 16 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1690 of 2026 filed by Seros Energy Pvt. Ltd. as Appellant against Vijay Kumar V. Iyer, the Resolution Professional of SES Energy Services India Pvt. Ltd., and another respondent. The matter involves an appeal against orders or actions related to the corporate insolvency resolution process of SES Energy Services India Pvt. Ltd.
The Tribunal first addressed IA No. 6434 of 2026, an application for condonation of delay in filing the appeal. After hearing Senior Counsel Abhijeet Sinha for the Appellant and Senior Counsel Gaurav Mitra for Respondent No. 2, the Tribunal condoned the one-day delay in filing the appeal.
Regarding the main appeal (CA (AT) (Ins) No. 1690 of 2026), the Tribunal found that the matter requires consideration and admitted it for hearing. Notice was issued to Respondent No. 1 (Vijay Kumar V. Iyer, RP), with directions to complete service formalities within three working days. Respondent No. 2 was granted two weeks to file a reply, with the Appellant given one week thereafter to file a rejoinder if desired.
The Tribunal also addressed IA No. 6431 of 2026 (stay application) and issued notice to the respondents, with similar directions for service within three working days.
Final Outcome
The appeal has been admitted for consideration with all procedural timelines established. The next hearing is scheduled for 13 October 2026 under the caption 'For Admission (After Notice)'. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
Topics: NCLAT Proceeding, Corporate Insolvency, Legal Appeal