Union of India VS Infrastructure Leasing and Financial Services Limited & Ors. on 4 November 2026

NATIONAL COMPANY LAW APPELLATE TRIBUNAL

PRINCIPAL BENCH, NEW DELHI

I.A. No. 3672 of 2019, 2301, 5031, 5033, 5036 of 2023, 2001, 3611, 4963, 5868, 6867, 8006, 8007, 8008, 8399, 8402 of 2024 & 2134, 2230, 2301, 2495, 4103, 4417, 4676

of 2025 & 10, 234, 331, 341, 392, 592, 1729, 2737, 2738, 2739, 2781, 2782, 2783, 3138, 4805, 5942, 6947, 7029, 7478 of 2026 in Comp. App. (AT) No. 346 of 2018

IN THE MATTER OF:

Union of India

…Appellant(s)

Versus

Infrastructure Leasing and Financial Services Ltd. &

Ors.

Present:

For Appellant

:

For Respondents : Mr. Gopal Jain, Sr. Advocate with Mr. Raunak Dhillon, Ms. Isha Malik, Adv. Nihaad Dewan, Mr. Anchit Jasuja and Ms. Anusha Sarkar, Mr. K. Dewan, Ms. Neeharika Aggarwal, Mr. Kaustubh Srivastava, Advocates for IL &

FS.

Mr. Malak Bhatt, Ms. Samridhi, Advocates for Applicant in IA 4963/2024

WITH

Comp. App. (AT) No. 347 of 2018

& I.A. No. 5943 of 2026

IN THE MATTER OF:

Infrastructure Leasing and Financial Services Ltd. &

Ors.

…Appellant(s)

Versus

Union of India

Present:

For Appellant

: Mr. Gopal Jain, Sr. Advocate with Mr. Raunak Dhillon, Ms. Isha Malik, Adv. Nihaad Dewan, Mr. Anchit Jasuja and Ms. Anusha Sarkar, Advocates for IL & FS.

For Respondents :

WITH

Comp. App. (AT) No. 260 of 2026

IN THE MATTER OF:

Grant Thornton Bharat LLP

…Appellant(s)

Versus

Terra Infra Development Ltd. & Ors.

Respondent(s)

Present:

For Appellant

:

For Respondents :

WITH

Comp. App. (AT) No. 251 of 2026

IN THE MATTER OF:

Amritanshu Infrastructure & Management Private Ltd. & Beigh Construction Company Pvt. Ltd. Joint Venture …Appellant(s)

Versus

Grant Thornton India LLP & Ors

Present:

For Appellant

:

For Respondents :