Suraksha ARC vs MCGM NCLAT Adjournment to Nov 2026

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

Order Date: 07.10.2026

Case Overview

This order pertains to two interconnected insolvency appeals heard together:

• Comp. App. (AT) (Ins) No. 1902 of 2024 & I.A. No. 1300, 1737 of 2025: Filed by Suraksha Asset Reconstruction Ltd. (Appellant) against the Municipal Corporation of Greater Mumbai (MCGM) & Others (Respondents).
• Comp. App. (AT) (Ins) No. 2014 of 2024 & I.A. No. 7554 of 2024 & 1736 of 2025: Filed by Bank of India (Appellant) against the Municipal Corporation of Greater Mumbai (MCGM) & Others (Respondents).

The nature of the underlying dispute is not detailed in this procedural order. The bench noted representation from a large number of advocates for the various parties and interveners.

Final Outcome

The appeals were adjourned due to a paucity of time. The NCLAT has relisted the matters for a hearing on 02.11.2026 at 2:00 PM.

Topics: NCLAT, Insolvency Appeal, Adjournment