# In the matter of Umesh Mishra vs. Srei Equipment Finance Ltd.

> NCLAT judgment dated 2025-06-23. Citation: TCN-2025-NCLAT-00350. Two Company Appeals (AT) (CH) (Ins) No.128/2023 and No.129/2023 were filed. Both appeals…

- **Court:** NCLAT
- **Order date:** 23 Jun 2025
- **Citation:** TCN-2025-NCLAT-00350
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-chennai/umesh-mishra-vs-srei-equipment-finance-ltd-c3444fb6

## Summary

### Background

Two Company Appeals (AT) (CH) (Ins) No.128/2023 and No.129/2023 were filed. Both appeals relate to the same parties: Umesh Mishra (Suspended Director of Arrowline Organic Products Pvt. Ltd.) as the Appellant and Srei Equipment Finance Ltd. & Anr. as the Respondents.

## Facts

Umesh Mishra, as the Suspended Director of Arrowline Organic Products Pvt. Ltd., is the Appellant in both Company Appeal (AT) (CH) (Ins) No.128/2023 and No.129/2023.

Srei Equipment Finance Ltd. & Anr. are the Respondents in both appeals.

The Tribunal directed the appeals to be listed on 25.07.2025.

The interim order granted in Company Appeal (AT) (CH) (Ins) No. 129/2023 will continue until the next hearing date.

## Issues and analysis

### Issue 1: Whether the interim order granted by the Tribunal in Company Appeal (AT) (CH) (Ins) No. 129/2023 …

**Ratio:** The Tribunal has the power to grant interim

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**Reasoning:** The Tribunal considered the submissions of the learned counsels and decided to continue

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**Interpretation:** The continuation of the interim order suggests that the Tribunal found it

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**Application:** The interim order will remain in effect

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## Parties

- **Judges:** Sharad Kumar…; Jatindranat…
- **Appellants:** Umesh M…
- **Respondents:** Arrowline Organic…; Srei Equipment…
- **Advocates:** Pawan Jh…; K.M. Su…; +2 more

## Timeline

- **2025-06-23 — Order Da…**: The order was passed on…
- **2025-07-25 — Next Hearin…**: The appeals are listed for the…

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