Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 12th August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order in an ongoing insolvency appeal. The appellant is Nakshatra Asset Ventures Ltd. (formerly known as Nakshatra Corporate Advisors Ltd.). The respondents are Huzefa Fakhri Sitabkhan, the Resolution Professional (RP) of Zicom Electronic Security Systems Ltd., and another party. The appeal is registered as Company Appeal (AT) (Insolvency) No. 1391 of 2024. The nature of the dispute or the specific order being appealed against is not detailed in this particular document. The order was passed in hybrid mode by a bench comprising Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).
Final Outcome
The tribunal did not rule on the merits of the case. The order solely schedules the next hearing date, listing the appeal for further proceedings on 16th September 2026.
Topics: Insolvency Appeal, NCLAT, Scheduling Order