Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 3rd July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two interconnected Company Appeals related to the Corporate Insolvency Resolution Process (CIRP) of Eagle Corporation Pvt. Ltd. The first appeal, Company Appeal (AT) (Insolvency) No. 321 of 2022, was filed by Atul Automobiles through its partner, Mr. Sudhir Kumar Shanti Lal Shah. The second appeal, Company Appeal (AT) (Insolvency) No. 673 of 2021 along with I.A. No. 1769 of 2021, was filed by Bajaj Finance Limited. Both appeals are against the Resolution Professional of Eagle Corporation Pvt. Ltd. (In CIRP), Mr. Dhaval Jitendra Kumar Mistry, and another respondent. The appeals challenge aspects of the insolvency proceedings concerning Eagle Corporation Pvt. Ltd.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Member - Judicial) and Mr. Ajai Das Mehrotra (Member - Technical), did not issue a substantive ruling on the merits of the appeals. The bench passed a procedural order, listing both interconnected appeals for the next hearing on 5th August 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, NCLAT, Adjournment