Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: August 21, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1426 of 2023 along with I.A. No. 4536 of 2025. The appeal was filed by Chandrakant Bhansali (Appellant) against C Bhansali Developers Pvt. Ltd. & Anr. (Respondents). The nature of the proceedings appears to be an insolvency-related appeal, though the specific allegations or disputes are not detailed in this procedural order. Legal representation was present for both parties: Mr. Divyanshu Rai and others represented Respondent-2, while appearance was noted for the applicant in a connected interlocutory application (IA No. 5153 of 2026).
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical) adjourned the hearing, stating "No time left." The appeal was listed for the next hearing on September 14, 2026. No substantive rulings, observations, or decisions on the merits of the case were made in this order.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment