Dharan Infra-EPC: NCLAT Order Issued on Oct 16, 2026

The National Company Law Appellate Tribunal (NCLAT) has issued an order dated October 16, 2026, concerning Dharan Infra-EPC Limited. The order pertains to a Corporate Insolvency Resolution Process (CIRP) initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016, with Tata Capital Housing Finance Limited as the petitioner. The filing indicates that an Interim Resolution Professional (IRP) and the suspended Director have filed applications seeking withdrawal of the CIRP under Section 12A of the Code. However, several financial creditors have intervened to oppose this withdrawal. The NCLAT's order is expected to provide direction on the continuation or cessation of the CIRP.