IL AND FS FINANCIAL SERVICES LIMITED vs PRANAV ANSAL — C.A. No. 807 - 808/2026

Summary The Supreme Court dismissed Civil Appeals 807-808/2026 and related cases involving IL and FS Financial Services Limited, declining to interfere with the NCLAT's order while keeping questions of law open for future consideration. The court directed that CIRP (Corporate Insolvency Resolution Process) proceedings proceed expeditiously under the Insolvency and Bankruptcy Code, with erstwhile promoters undertaking to provide full cooperation. The Writ Petition was also disposed of, though homebuyers retain the right to pursue appropriate legal remedies before competent forums. This case analysis is maintained by casestatus.in based on publicly available court records.