Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 06 November 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1965 of 2026, an appeal filed by Girish Wadhwani, the suspended director of Kamco Chew Food Private Limited, against OXYZO Financial Services Ltd. and another respondent. The matter involves insolvency proceedings concerning Kamco Chew Food Private Limited. During the hearing, counsel for Respondent No. 2 (likely the Interim Resolution Professional) indicated they had filed a reply online and requested time to submit hard copies. The tribunal granted this request. Counsel for Respondent No. 1 (OXYZO Financial Services Ltd.) requested and was granted two weeks to file their reply, with an advance copy to be provided to the appellant's counsel. The appellant may then file a rejoinder within one week after receiving the reply. Additionally, Tata Capital sought and was permitted to intervene in the appeal as another financial creditor of Kamco Chew Food Private Limited. The tribunal directed Tata Capital's counsel to provide copies of their intervening application to all parties immediately.
Final Outcome
The appeal hearing was adjourned to 04 December 2026. The tribunal will hear both the main appeal and Tata Capital's intervening application on that date. No substantive decisions on the merits of the case were made in this order, which primarily addressed procedural timelines and the intervention application.
Topics: Insolvency Appeal, Corporate Debtor, Financial Creditors