Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 21 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1172 of 2024 along with several interlocutory applications (I.A. No. 4184, 4185, 4186 of 2024 & 1678, 2933 of 2025). The appeal was filed by Essar Shipping Ltd. against Kala Agarwal, the Liquidator of OGD Services Ltd., and other respondents. The matter was heard in hybrid mode with legal representation from both sides: Mr. Dhaval Deshpande, Mr. Yash Jariwala, and Ms. Neha Arya represented the appellant Essar Shipping Ltd., while Mr. Arun Kumar Shukla represented Respondent 2, Advocate PCS Kala Agarwal appeared as the Liquidator of OGD Services Ltd., Mr. Shivam Shukla represented the applicant in IA 1678/25, and Ms. Ekta Choudhary also appeared for the respondents.
Final Outcome
The bench comprising Justice Sharad Kumar Sharma (Member Judicial) and Arun Baroka (Member Technical) ordered that the appeal be listed for next hearing on 1 September 2026. This constitutes an adjournment of the proceedings without any substantive decision on the merits of the case or the pending interlocutory applications.
Topics: NCLAT Proceedings, Corporate Insolvency, Legal Adjournment