Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 07.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1437 of 2026 along with I.A. No. 5575 of 2026. The appellant is Bhushan Power and Steel Limited, and the respondents are Nova Iron and Steel Limited & Anr. The appeal pertains to insolvency proceedings between the two companies. The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Arun Baroka (Member - Technical).
Final Outcome
The tribunal adjourned the appeal hearing. The adjournment was granted based on a request made by the Learned Counsel for the Appellant, Mr. K. Datta (Senior Advocate). The appeal has been rescheduled to be listed on 21.08.2026 under the same caption.
Topics: Insolvency Appeal, NCLAT, Adjournment