Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 07.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has issued a procedural order in Company Appeal (AT) (Insolvency) No. 1311 of 2026 along with I.A. No. 5113 of 2026. The appeal involves Gujarat Industrial Development Corporation (GIDC) as the Appellant versus Jaydeep Maheshwari in his capacity as the Successful Resolution Applicant of Safeco Hygiene Films Pvt. Ltd. as the Respondent. The matter represents an ongoing insolvency-related dispute between a statutory corporation and the successful resolution applicant of a corporate debtor. The order was conducted in hybrid mode with representation noted for the Appellant by Advocate Mr. Aman A. Mir, while the Respondent's representation details are not specified in this particular order.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member Technical), and Ajai Das Mehrotra (Member Technical), has adjourned the hearing of this appeal. The matter has been listed for the next hearing on 21.08.2026. This order represents a procedural update rather than a substantive decision on the merits of the case.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Procedure