Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1206 of 2025 between Akzo Nobel India Ltd. (Appellant) and Fair Deal Cars Pvt. Ltd. (Respondent). The appeal concerns insolvency proceedings between the two companies. Both parties were represented by legal counsel - Mr. Ritam Dutta and Mr. Shivratri for the Appellant, and Mr. Anubhar Seth for the Respondent.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson) and Ajai Das Mehrotra (Member Technical) adjourned the hearing and listed the appeal for next hearing on 28th October, 2026. No substantive decisions were made in this order.
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