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

Order Date: 16.10.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1445 of 2025 filed by CBM Industries Pvt. Ltd. (Appellant) against Rambo Enterprises Pvt. Ltd., represented through its Resolution Professional (Respondent). During the proceedings, the learned counsel for the appellant, Mr. Aditya Mishra, Advocate, expressed the intention to withdraw the appeal unconditionally. No representation was present for the respondents.

Final Outcome

The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Mr. Barun Mitra and Mr. Ajai Das Mehrotra, accepted the unconditional withdrawal request. The appeal was dismissed as withdrawn, and all pending applications related to this matter were closed. The order was passed in hybrid mode.

Topics: Insolvency Proceedings, Legal Withdrawal