Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1080 of 2026, an insolvency appeal filed by GBL Chemical Ltd. (Appellant) against United Petrofer Ltd. (Respondent). The matter came before a bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical). The appellant was represented by advocates Ms. Purti Gupta, Ms. Heena George, and Ms. Sunidhi Sah, while no appearance was marked for the respondent. The tribunal noted that the process issued to the respondent was reported to be still in transit, indicating that formal service had not been completed.
Final Outcome
The NCLAT adjourned the matter to July 24, 2026, to await the service report. The tribunal directed the appellant to file an affidavit of service enclosing the tracking report from the Postal Department to establish proof of service attempts. This is a procedural order ensuring proper service before proceeding with the substantive hearing of the insolvency appeal.
Topics: NCLAT Procedure, Insolvency Appeal, Service of Process