Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 3, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Contempt Case (AT) No. 24 of 2024, which arises from Comp. App. (AT) (Ins) No. 960 of 2023. The case involves CFM Asset Reconstruction Pvt. Ltd. as the applicant and SS Natural Resources Pvt. Ltd. as the contemnor/respondent. The proceeding was conducted in hybrid mode with legal representation from both sides: Mr. Kinshul Chatterjee represented the applicant, while Mr. Vaijayant Paliwal, Ms. Moulshree Shukla, and Ms. Shailee Basu represented the contemnor/respondent. Additional representation was noted for Respondents 8 and 9 by Mr. Deep Roy.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the case due to lack of available time for hearing. The matter was rescheduled for the next hearing on August 4, 2026. No substantive proceedings, arguments, or decisions on the contempt allegations were made during this hearing.
Topics: NCLAT Proceedings, Contempt Case, Case Adjournment