Case Details
Case Name: Sundaresha & Associates & Anr. vs. National Financial Reporting Authority (NFRA)
Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
Case Number: Comp. App. (AT) No. 198 of 2023
Interlocutory Applications: I.A. No. 4855 of 2023, I.A. No. 4856 of 2023, I.A. No. 4100 of 2025
Date of Order: May 25, 2026
Parties Involved
Appellants (Petitioners): Sundaresha & Associates & Anr.
Represented by: Mr. Rishi Singhal & Mr. Reema Khanneotra, Advocates
Respondent: National Financial Reporting Authority (NFRA)
Represented by: Mr. Zoheb Hossain & Mr. Satyam, Advocates
Tribunal Members: Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical)
Final Ruling & Enforcement
The order is a procedural adjournment. The NCLAT noted "No time left" for a hearing on May 25, 2026. The appeal and its connected interlocutory applications have been adjourned and listed for the next hearing on August 4, 2026. No substantive findings, observations, penalties, or directions were issued in this order. The matter remains pending.