Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22 June 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Ins.) No. 1082 of 2026 between appellant Ankur Singh and respondents Alakhram Infrastructure Pvt. Ltd. & Anr. The appeal concerns insolvency proceedings against Alakhram Infrastructure Pvt. Ltd. (Corporate Debtor). During the hearing, the Practicing Company Secretary appearing for Respondent No. 1 highlighted a procedural defect in the affidavit filed by the appellant, noting that the appellant had been incorrectly shown as a Director of the Corporate Debtor in the affidavit.
Final Outcome
The NCLAT bench comprising Justice Mohd. Faiz Alam Khan (Member Judicial) and Mr. Arun Baroka (Member Technical) permitted the appellant's senior counsel to file a corrected affidavit by June 23, 2026. Both parties were directed to file any additional affidavits and supporting documents by the same date. The intervenor, AU Small Finance Bank, was permitted to file a hard copy of its intervention application, though the bench clarified that no adjournments would be granted to the intervenor on the next hearing date. The case was listed for further hearing on June 24, 2026.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Debtor