Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 13 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1333 of 2026 along with I.A. No. 5208 of 2026. The appellant is Act Fininvest Ltd. The respondents are Ravi Sethia, the Resolution Professional of Morarjee Textiles Ltd, and another party. The appeal pertains to insolvency proceedings involving Morarjee Textiles Ltd. The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, noted that there was no time left to hear the matter on the scheduled date.
Final Outcome
The NCLAT adjourned the hearing and listed the appeal for the next hearing on 2nd December 2026.
Topics: Insolvency Appeal, NCLAT, Corporate Litigation