Authority: National Company Law Tribunal, New Delhi Principal Bench (Single)
Order Date: 09.10.2026
Case Overview
This matter involves a transfer application filed by ArcelorMittal Nippon Steel India Private Limited against Gujarat Operational Creditors Association and Others. The application concerns an intra-jurisdictional transfer matter before the NCLT. The core issue revolves around whether pending Supreme Court proceedings will impact this transfer application.
The applicant argues that two Supreme Court cases are relevant: Special Leave to Appeal (C) No. 848 of 2026 (listed on 27.10.2026) and Special Leave Petition (C) No. 22155-22156 of 2026 filed by the Union of India against the Gujarat High Court order dated 16.10.2025. The latter case concerns the issue of recusal by benches of NCLT Ahmedabad and transfer orders passed by the then President of NCLT, New Delhi.
Additionally, the respondent has filed a writ petition (Special Leave Application 17630 of 2026) before the Gujarat High Court challenging actions of the then President of NCLT, New Delhi regarding rescission of consent recorded by the High Court. This writ petition seeks to restrain NCLT from acting upon the rescission and dismiss the transfer application.
The respondent contends that the Supreme Court proceedings are irrelevant to this intra-jurisdictional transfer application, as they pertain to inter-jurisdictional transfer powers of the Tribunal. The respondent also requests clarification that no interim order has stayed proceedings before Court-II, NCLT New Delhi.
Final Outcome
The Tribunal adjourned the matter to 06.11.2026. The applicant was granted three days to file an additional affidavit in support of new IA-4699/2026. All pending applications (IA-2305/2026, IA-2416/2026, IA-2417/2026) were also adjourned to the same date.
Topics: NCLT Proceedings, Transfer Application, Supreme Court Matters