Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1302 of 2026, an appeal filed by GBL Chemicals Ltd against United Petrofer Ltd. The appeal relates to insolvency proceedings. The appellant was represented by counsel Ms. Purti Gupta, Mr. Sanat Jariwala, Ms. Heena George, and Ms. Khushi Sharma, while the respondent's appearance was not marked in the order. The tribunal noted that this appeal is connected with two other insolvency appeals bearing numbers Comp. App. (AT) (Ins.) No. 1080 of 2026 and Comp. App. (AT) (Ins.) No. 1242 of 2026.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Mr. Naresh Salecha (Member Technical) adjourned the hearing and listed the matter for the next hearing on 7 August 2026. The order was passed in hybrid mode.
Topics: Corporate Insolvency, Legal Proceedings