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

Order Date: 20 August 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) has before it two connected appeals: Company Appeal (AT) (Insolvency) No. 162 of 2022 and Company Appeal (AT) (Insolvency) No. 163 of 2022. The Appellant in both appeals is Central Railway CST, represented by its Deputy Chief Engineer (C) Works. The Respondent in both appeals is D Thakkar Construction, represented by its Resolution Professional. The appeals arise from orders related to the corporate insolvency resolution process of D Thakkar Construction. The matter was presented before a bench comprising Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).

Final Outcome

The tribunal did not conduct a substantive hearing. The sole directive in this order was to list both appeals for hearing on 8th October 2026. No arguments were heard, and no decision was made on the merits of the case. The outcome is purely procedural, constituting an adjournment.

Topics: Insolvency Appeal, Railway Contractor Dispute