Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 10 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1983 of 2025. The appeal was filed by Manoj Kulshrestha in his capacity as the Resolution Professional of Five Core Electronics Ltd. The respondent in the case is the Deputy Commissioner (Income Tax). The matter involves an insolvency-related dispute between the corporate resolution process of Five Core Electronics Ltd and the income tax authorities. The appeal was presented before a bench consisting of Justice Yogesh Khanna (Officiating Chairperson) and Barun Mitra (Member - Technical).
Final Outcome
The NCLAT bench adjourned the hearing of the appeal and listed the matter for the next hearing on 03 September 2026. No substantive arguments were heard, and no orders were passed on the merits of the case on this date. The matter remains pending before the tribunal.
Topics: Insolvency Appeal, Tax Dispute, Corporate Litigation