Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 07 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was hearing Comp. App. (AT) (Ins) No. 264 of 2023, an insolvency appeal filed by Mohamed Sarfaraz Ahmed Nizamuddin Siddique (Appellant) against AJS Impex Pvt. Ltd. & Anr. (Respondents). Multiple Interlocutory Applications (I.A. No. 931, 932, 933, 934 of 2023 & 5675 of 2024) were also pending alongside the main appeal. The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted that there was no time left to proceed with the hearing on the scheduled date.
Final Outcome
The Tribunal adjourned the hearing and listed the appeal for the next hearing on 03 August 2026. No substantive orders were passed on the merits of the case, and the matter remains pending.
Topics: Insolvency Appeal, Adjournment, NCLAT