Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 09.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 404 of 2026 along with I.A. No. 1548 of 2026. The appellants are Chandrashekhar B. Panchal & Others. The respondent is Sunil Kumar Kabra in his capacity as the Liquidator of Archon Engicon Ltd. The appeal was heard in hybrid mode. Despite several calls from the tribunal, the appellants were not present for the hearing.
Final Outcome
The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Indevar Pandey, adjourned the matter. The appeal has been relisted for the next hearing on 12th August, 2026. The respondent liquidator was represented by advocates Mr. Karan Valecha and Mr. Aayush Rathore.
Topics: Insolvency, Legal Proceedings