Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: July 21, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) is hearing Comp. App. (AT) (Ins) No. 1284 & 1285 of 2026, an insolvency appeal filed by Hynite Farms Private Limited (formerly Bali Farms Private Limited) as appellant against respondents Gyan Chandra Mishra & Anr. The order represents a procedural update in ongoing insolvency proceedings.

Final Outcome

The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) granted one week's time to the respondents to file their reply in the matter, with an advance copy to be provided to the appellant's counsel. The appellant was given the option to file a rejoinder within three days after receiving the reply. The case has been adjourned and listed for the next hearing on July 31, 2026, under the same caption.

Topics: Insolvency Appeal, NCLAT Procedure, Corporate Litigation