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

Order Date: 26.10.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1219 of 2024, an appeal between Matrix Grating Pvt. Ltd. (Appellant) and Stelmec Ltd. (Respondent). The matter appears to relate to corporate insolvency proceedings given the case numbering convention. The appeal was presented before a two-member bench consisting of Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical). Multiple advocates represented both parties: Mr. Gaurav Kumar for the Appellant, and a team including Mr. Abhishek Anand, Mr. Rahul Narang, Mr. Uttam Singh, Ms. Soura Subha Ghosh, Mr. Jash Shah, Ms. Palak Kalra, and Mr. Laksheya Ray Singh for the Respondent.

Final Outcome

The tribunal noted that there was "No time left" to hear the appeal on the scheduled date. Consequently, the hearing was adjourned and the appeal was listed for the next hearing on 22.12.2026. No substantive proceedings, arguments, or decisions on the merits of the case occurred during this hearing.

Topics: NCLAT, Insolvency Appeal, Adjournment