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. The appellant is Ankur Singh. The respondents are Alakhram Infrastructure Pvt. Ltd. (Respondent No. 1) and another unnamed respondent (Respondent No. 2/IRP, implied to be the Interim Resolution Professional). An intervenor, AU Small Finance Bank, was also represented, having e-filed an intervention application and seeking liberty to file a hard copy.
The principal issue raised at this hearing was a procedural defect in the appellant's filing. The Practicing Company Secretary appearing for Respondent No. 1, Mr. Suraj Sharma, highlighted that the affidavit filed by the appellant along with the appeal was improperly drafted. The error was that the appellant, Ankur Singh, was incorrectly shown as a director of the corporate debtor (CD) in that affidavit.
Final Outcome
The Tribunal issued procedural directions. The appellant's counsel, Mr. Krishnendu Datta, Sr. Advocate, was permitted to file a corrected affidavit by June 23, 2026. Both the appellant's counsel and the respondent's counsel were permitted to file any supporting documents along with their affidavits by the same date. The counsel for the intervenor, AU Small Finance Bank, was allowed to file the hard copy of its already e-filed intervention application. The Tribunal explicitly stated that no adjournment would be granted to the intervenor's counsel on the next date of hearing. The matter was listed for further hearing on June 24, 2026.
Topics: NCLAT, Insolvency Appeal, Procedural Hearing