Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 16th October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 883 of 2026, an appeal filed by ITI Finance Ltd. against Bishal Agarwal, who serves as the Interim Resolution Professional for Echo Motors and Automobiles Pvt. Ltd., along with other respondents. The hearing was conducted in hybrid mode. Representing the appellant were advocates Mr. Rohan Talwar and Ms. Mishi Gupta. The respondents were represented by multiple advocates including Mr. Dipesh Singhal, Adarsh Tripathy, K. Galia, Vikram Singh, Vanshika Gupta (for R3), Mr. Bishal Agarwal (for R1), and Mr. Prateek Mishra, Punit singh B., and Kshitij Tiwari.
Final Outcome
The bench, consisting of Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra (Technical) and Ajai Das Mehrotra (Technical), adjourned the hearing of the appeal to 9th December 2026 due to lack of time to hear the matter on the current date. The Tribunal explicitly ordered that the existing interim order shall continue to remain in effect until the next hearing date.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment