SREI Infrastructure NCLAT Appeal Dismissed as Infructuous

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

Order Date: 15.07.2026

Case Overview

This was an appeal filed by SREI Infrastructure Finance Ltd. (Appellant) against Infrastructure Leasing and Financial Services Ltd. (Respondent). The appeal, registered as Company Appeal (AT) No. 246 of 2026, challenged an order dated 13.04.2026 passed by the National Company Law Tribunal (NCLT). During the proceedings, the counsel for the appellant submitted that in view of a judgment dated 30.06.2026 passed in a related matter (Company Appeal (AT) No. 143-145 of 2026), the present appeal had become infructuous. The related judgment had set aside the very same impugned NCLT order (dated 13.04.2026) that was under challenge in this appeal.

Final Outcome

The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Mr. Ajai Das Mehrotra, accepted the appellant's submission. The appeal was dismissed as infructuous. All pending applications, if any, in the matter were also closed.

Topics: Insolvency Litigation, NCLAT Proceedings