Authority: National Company Law Appellate Tribunal, Chennai

Order Date: 24 September 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai has adjourned the hearing of Company Appeal (AT) (CH) (Ins) No.47/2026. The appeal was filed by Nezee Basheeruddin & Anr. (Appellants) against Alok Kumar Agarwal (Resolution Professional of Furnace Fabrica (India) Ltd.) and two other respondents. The case involves matters related to the corporate insolvency resolution process of Furnace Fabrica (India) Ltd. The appellants are represented by Ms. Anha, Advocate, while the respondents are represented by Ms. Anjali Chauhan (for R1) and Mr. Mayur Jugtawat with Mr. Nipun Singhvi (for R2).

Final Outcome

The tribunal, comprising Justice N. Seshasayee (Member - Judicial) and Jatindranath Swain (Member - Technical), has adjourned the hearing and listed the appeal for December 16, 2026, under the caption 'For Hearing'. No substantive decisions or rulings were made in this order, which serves solely to reschedule the hearing date.

Topics: NCLAT Proceedings, Corporate Insolvency