Case Details
Case Name: Sundaresha & Associates & Ors. vs. National Financial Reporting Authorities (NFRA)
Court/Authority: National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi
Case Number: Comp. App. (AT) No. 116 of 2023
Interlocutory Applications: I.A No. 3026 & 3027 of 2023 & 4101 of 2025
Date of Order: May 25, 2026
Parties Involved
Appellants: Sundaresha & Associates & Ors.
Respondent: National Financial Reporting Authorities (NFRA)
Legal Representation: For Appellants - Mr. Rishi Singhal & Mr. Reema Khanneotra, Advocates; For Respondent - Mr. Zoheb Hossain & Mr. Satyam, Advocates
Final Ruling & Enforcement
The National Company Law Appellate Tribunal issued a procedural order postponing the hearing of this appeal. The tribunal noted "No time left" and listed the appeal for the next hearing on August 4, 2026. The order was passed in hybrid mode and was signed by Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical).
This order represents a procedural update rather than a substantive decision on the merits of the case. The appeal remains pending before the NCLAT, with the next hearing scheduled for August 4, 2026.