Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 06 July 2026
Case Overview
The appeal involves Narain Broadlink Technology Pvt. Ltd. (Appellant) through its Director Raj Narain Yadav versus Jaiprakash Associates Ltd. (Corporate Debtor) through its Resolution Professional and Another (Respondents). The case is registered as Company Appeal (AT) (Insolvency) No. 1013 of 2026. During the hearing conducted in hybrid mode, there was no representation on behalf of the appellant when the case was called out twice. Counsel for the Respondent, Mr. Vaijayant Paliwal, appeared along with other advocates representing the Resolution Professional. Mr. Paliwal submitted that he was prepared to enter appearance on behalf of the respondents if the appellant moved the appeal and noted that the Appeal Paper Book had not been circulated to the Respondent.
Final Outcome
The Tribunal, comprising Justice N. Seshasayee (Member Judicial) and Barun Mitra (Member Technical), did not dismiss the appeal in the interest of justice. Instead, the bench directed the appellant to serve the copy of the Appeal Paper Book to the Respondents by July 7, 2026. The appeal was listed for next hearing on July 22, 2026.
Topics: Insolvency Proceedings, NCLAT Hearing