Black Box Ltd. Contempt Case Dismissed as Infructuous

Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: September 18, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Contempt Case (AT) No. 34 of 2024, which was filed in relation to Comp. App. (AT) (Ins) No. 683 of 2021. The applicant was Black Box Ltd. (formerly known as AGC Networks Ltd.), and the contemnors/respondents were Abhijit Guhathakurta, the liquidator of EPC Constructions (India) Ltd., and another respondent. The case was a contempt proceeding arising from insolvency appellate proceedings.

Final Outcome

The learned counsel for the applicant, Shri Tabrez Malawat, informed the tribunal that the parties had reached a settlement. Consequently, he submitted that the contempt application had become infructuous and requested its dismissal. The two-member bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), accepted this request. The contempt application was dismissed as having become infructuous due to the settlement between the parties.

Topics: NCLAT Proceedings, Contempt Case, Settlement