Authority: Supreme Court of India, Civil Appellate Jurisdiction

Order Date: 21 September 2026

Case Overview

  • Appeal No.: Civil Appeal No. ____ of 2026, Diary No. 48783 of 2026, filed by M/S LIC Housing Finance Ltd against Ramakrishnan Sadasivan.
  • The appeal challenged the order of the National Company Law Appellate Tribunal (NCLAT); interlocutory applications IA No. 276148/2026 (condonation of delay) and IA No. 276146/2026 (stay) were also pending.
  • Hearing held on 21-09-2026 before a bench of Hon’ble Justices Pamidighantam Sri Narasima and Alok Aradhe.

Observations and Reasoning

  • The Court held that the NCLAT had not committed any error in law or fact.
  • Accordingly, the appeal was dismissed.
  • The Court condoned the delay in filing IA No. 276148/2026.
  • Any pending interlocutory applications, if any, were disposed of.

Final Outcome

  • Civil appeal dismissed; the order of the NCLAT stands.
  • Delay condoned; interlocutory applications disposed.

Topics: Legal Judgment, Housing Finance