Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) No. 268-273 of 2026 filed by Capricorn Oils Ltd. & Others as Appellants against Om Prakash Agarwal & Others as Respondents. The appeal challenges an impugned order. The Tribunal was informed that the same impugned order is also the subject matter of challenge in another connected appeal, Company Appeal (AT) No. 256 of 2026, which is currently before a Coordinate Bench comprising Hon'ble Justice Mohammad Faiz Alam and Shri Naresh Salecha, Member (Technical).
Final Outcome
The bench, comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical), ruled that judicial propriety demands this appeal be heard by the same bench already handling the connected matter (CA No. 256/2026). Consequently, the appeal was adjourned and listed for hearing on 12.08.2026 at Court-IV.
Topics: NCLAT Proceeding, Corporate Litigation, Judicial Procedure