Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1701 of 2026 along with I.A. No. 6285 of 2026, an appeal filed by Amresh Shukla against Rajesh Jhunjhunwala in his capacity as Liquidator of Siddharth Tubes Ltd. and other respondents. The matter concerns proceedings related to the liquidation of Siddharth Tubes Ltd. The appellant was represented by counsel Mr. Shantanu Chourasia, Mr. Mrinal Bharat Ram, and Mr. Amresh Shukla himself, while no representation appeared for the respondents at this hearing. The tribunal, after hearing arguments from the appellant's counsel, determined that the appeal raises issues that require proper consideration by the bench.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) issued formal notice to all respondents regarding both the main appeal and the connected delay condonation application (I.A. No. 6285 of 2026). The appellant was directed to complete all necessary service requirements within three working days from the order date. The matter has been listed for further hearing on November 4, 2026, under the same caption.
Topics: Insolvency, Legal Appeal