Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1512 of 2026 along with I.A. No. 5812 of 2026, an appeal filed by Sushma Jayant Soni against Advantagesai Projects Pvt. Ltd. and another respondent. The appellant sought an adjournment of the appeal and requested permission to file an affidavit to bring on record subsequent facts that occurred after the passing of the Impugned Order.
Counsel for both parties informed the tribunal that two rounds of litigation have already taken place between the parties in Company Appeal (AT) (Ins.) No. 501 of 2023 and I.A. No. 5206 of 2025, both of which were disposed of by a bench of the same Appellate Tribunal.
Final Outcome
The tribunal permitted the appellant's counsel to file an appropriate affidavit. Acting on the joint request made by learned counsel for both parties, the tribunal directed the registry to place this appeal before the same bench that handled the previous related matters. The case is scheduled to be heard on 19.08.2026 under the same caption. The bench comprised Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical).
Topics: Insolvency Appeal, Adjournment, NCLAT Procedure