Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 28 October 2026
Case Overview
The appeal was filed by Lalit Narware, former director of Flexituff Technology International Limited, against Marvel Industries and Services Pvt. Ltd. and another respondent. The case involves insolvency proceedings under the jurisdiction of the National Company Law Appellate Tribunal. The specific nature of the underlying insolvency dispute or the original NCLT order being appealed is not detailed in this procedural update.
Final Outcome
The NCLAT bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, reserved its judgment on the appeal on October 28, 2026. The court directed both parties to file short submission notes of not more than two pages within three days from the order date. The final ruling on the appeal remains pending.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceeding