Authority: Supreme Court of India

Order Date: 28-07-2026

Case Overview

  • Parties: Rare Asset Reconstruction Ltd (Petitioner) vs. BS Limited (in liquidation) & Anr. (Respondents).
  • Origin: Appeal arises from the impugned final judgment and order dated 08-12-2025 passed by the National Company Law Appellate Tribunal (NCLAT), Chennai, in CA(AT)(CH) No. 607/2025.
  • Nature of Proceeding: Civil Appeal (Diary No. 1141/2026) challenging the NCLAT's decision concerning matters likely related to insolvency and asset reconstruction.
  • Counsel: For the petitioner, Mrs. Pragya Baghel appeared as the Advocate‑On‑Record (AOR). No counsel details were provided for the respondents.
  • Bench: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran presided over the hearing.
  • Court Administration: Court Masters Harpreet Kaur and Pooja Sharma recorded the proceedings and subsequent listing.

Final Outcome

  • The Court ordered that the matter be listed for further hearing on 06-08-2026, directing the parties to appear before the same bench on that date.

Topics: Insolvency, Asset Reconstruction