Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 7, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1623 of 2026 along with I.A. No. 6115 of 2026. The appeal was filed by Municipal Corporation Faridabad as the appellant against respondents Anil Arora (Resolution Professional) and another party. The nature of the dispute involves insolvency proceedings where Municipal Corporation Faridabad is challenging aspects of the resolution process handled by Anil Arora as the resolution professional.
Final Outcome
The bench consisting of Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing due to time constraints. The appeal has been listed for next hearing on October 13, 2026, under the same caption. No appearances were marked for either the appellant or the respondents during this hearing.
Topics: Insolvency Appeal, Municipal Corporation, NCLAT Proceeding