Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 06.11.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard three connected appeals filed against the liquidator of Accord Industries Ltd. The appellants are Mehul Girishbhai Desai (Company Appeal (AT) (Ins.) No. 1627 of 2026), Harish Jadhav (Company Appeal (AT) (Ins.) No. 1628 of 2026), and Chandrashekhar B. Panchal (Company Appeal (AT) (Ins.) No. 1721 of 2026). All three appellants are appealing against Ravi Kapoor in his capacity as the Liquidator of Accord Industries Ltd. The respondent liquidator was represented by advocates Mr. Palash S. Singhai, Mr. Tirth Nayat, and Mr. Harshal Sareen. The bench consisted of Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical).
Final Outcome
The NCLAT bench adjourned all three appeals, citing "No time left" for the hearing on November 6, 2026. The matters have been listed for next hearing on December 3, 2026. No substantive hearing or decision on the merits of the appeals occurred during this proceeding.
Topics: Insolvency Proceedings, Legal Appeals