Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1105 of 2026 along with I.A. No. 4327 of 2026. The appeal was filed by Narender Kumar Sharma (Appellant) against the Insolvency and Bankruptcy Board of India (IBBI) through its Disciplinary Committee (Respondents). The matter represents a challenge to an order or decision issued by the IBBI Disciplinary Committee against the appellant. Multiple legal representatives appeared for both parties, including senior advocates and teams of supporting advocates.
Final Outcome
The tribunal adjourned the hearing and listed the appeal for the next date of hearing on July 29, 2026. The bench permitted Advocate Ms. Eshna Kumar to file replies in connected interlocutory applications I.A. No. 4638 and 4683 of 2026. The interim order or observation from any previous hearing shall remain operative until the next date of listing. The order was signed by Justice Mohammad Faiz Alam Khan (Member-Judicial) and Mr. Naresh Salecha (Member-Technical).
Topics: NCLAT Proceeding, IBBI Disciplinary Action, Insolvency Regulation