Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 21.08.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard an appeal filed by Bhushan Power and Steel Ltd. against Nova Iron and Steel Ltd. and another respondent. The case is registered as CA (AT) (Ins) No. 1437 of 2026, with an interconnected Interlocutory Application (I.A. No. 5575 of 2026). The hearing was conducted in hybrid mode. The appellant was represented by a legal team led by Mr. Krishnendu Datta, Senior Advocate, while the respondents were represented by Dr. U.K. Choudhary, Senior Advocate.

Final Outcome

The NCLAT bench, comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical), adjourned the appeal. The adjournment was granted based on a request made by the learned counsel for the appellant. The appeal is now scheduled to be listed next on 25.08.2026 under the same caption.

Topics: NCLAT, Corporate Insolvency, Legal Proceeding