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2026 Supreme(Online)(NCLT) 317

NATIONAL COMPANY LAW TRIBUNAL
Infrastructure Leasing and Financial Services Ltd. & Ors. – Appellant
Versus
Union of India – Respondent


Advocates:
For the Petitioner:Vijay
For the Respondent:ADITYA SIKKA

NATIONAL COMPANY LAW TRIBUNAL COURT ROOM NO. 1, MUMBAI BENCH Item No. 35 CA 204/2025 IVN.P 9/2025 IN CP/3638(MB)2018 CORAM:

SH. PRABHAT KUMAR SH. SUSHIL MAHADEORAO KOCHEY HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL)

ORDER SHEET OF THE HEARING ON 14.01.2026 NAME OF THE PARTIES: UNION OF INDIA V/s INFRASTRUCTURE LEASING AND FINANCIAL SERVICES LTD. & ORS.

Section 241- 242 of Companies Act, 2013 and Rule 11 ________________________________________________________________

ORDER

Adv. Vijay Purohit a/w Adv. Pratik Jhaveri, Adv. Niyati B. and Adv. Sanjeet Ranjan for the Applicant in CA 204/2025 are present. Adv. Rohit Gupta a/w Adv. Shourya K for the Applicant in IVN.P 9/2025 present. Adv. Sidhant Kumar a/w Adv. Manyaa C., Adv. Aniesh Jadhav and Adv. Shyam Singh for the Successful Bidder are present.

CA 204/2025 & IVN.P 9/2025 IN CP/3638(MB)2018

1) This Application has been filed by the Applicant, Infrastructure Leasing &

Financial Services Limited (IL&FS) under Sections 241 and 242 of the Companies Act, 2013 seeking following reliefs: -

a. Allow the instant Application and approve execution of the Deed of Assignment to implement and consummate the assignment of the Loan Facilities in fav

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