Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 15 July 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, the Interim Resolution Professional for Echo Motors and Automobiles Pvt. Ltd., and other respondents. The appeal arises from proceedings under the Insolvency and Bankruptcy Code, 2016. The tribunal heard arguments from advocates representing both parties: Mr. Rohan Talwar, Mr. Sagar Bansal, Mr. Dhruv Darwal, and Ms. Preksha Diwakar for the appellant (ITI Finance Ltd.), and Mr. Dipesh Singhal and Mr. Kapil Gaba for respondent number 3.
Final Outcome
The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, adjourned the hearing and listed the appeal for the next hearing on 1 September 2026. The tribunal ordered that the interim order currently in place shall continue to remain in effect until the next date of hearing.
Topics: Insolvency Appeal, NCLAT Proceeding, Hearing Adjournment