# Narayani Resources Pvt Ltd vs. Essar Power Gujarat Ltd

> SC judgment dated 2026-07-08. Citation: TCN-2026-SC-00099. The Civil Appeal was filed by Narayani Resources Pvt Ltd against Essar Power Gujarat Ltd,…

- **Court:** SC
- **Order date:** 8 Jul 2026
- **Citation:** TCN-2026-SC-00099
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/narayani-resources-pvt-ltd-vs-essar-power-gujarat-ltd-d5xy1

## Summary

### Background

The Civil Appeal was filed by Narayani Resources Pvt Ltd against Essar Power Gujarat Ltd, challenging an impugned final judgment and order dated 10-04-2026 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 158/2026. The appeal included applications for condonation of delay and a stay.

## Facts

The case is Civil Appeal Diary No. 33603/2026 before the Supreme Court of India.

The appeal arises from an impugned final judgment and order dated 10-04-2026 passed by the National Company Law Appellate Tribunal (NCLAT) in CAAT(I) No. 158/2026.

Narayani Resources Pvt Ltd is the Appellant(s) and Essar Power Gujarat Ltd is the Respondent(s).

Interlocutory Applications (IAs) were filed: IA No. 186018/2026 for Condonation of Delay in Filing and IA No. 186021/2026 for Stay Application.

The matter was called on for hearing on 08-07-2026.

The Supreme Court condoned the delay in filing the appeal.

The Court heard learned counsel for the appellant and perused the materials on record.

The Court was not inclined to entertain the present Civil Appeal.

The Civil Appeal was dismissed.

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## Issues and analysis

### Issue 1: Whether the delay in filing the …

**Ratio:** The Supreme Court condoned the

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**Reasoning:** The order explicitly states, "Delay condoned." without providing detailed

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**Interpretation:** The Court found sufficient cause or justification, though unstated, to excuse

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**Application:** Condonation of delay allowed the appeal to be admitted for consideration,

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## Parties

- **Judges:** NONGMEIKAPAM…; K. VINOD CH…
- **Appellants:** NARAYANI RESOURCES…
- **Respondents:** Essar Power…
- **Advocates:** Saurav Ag…; Rooh-e-hi…; +10 more

## Timeline

- **2026-04-10 — NCLAT Or…**: Impugned final judgment and order passed by the National Company Law Appellate Tribunal…
- **2026-07-08 — Supreme Court…**: The matter was called on for…

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