Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21st August, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 1527 of 2025 along with I.A. No. 5976 of 2025. The appeal was filed by Gujarat Industrial Development Corporation (Appellant) against Jitendra Kumar Jain in his capacity as the Resolution Professional of Morakhia Copper & Alloys Pvt. Ltd. and another respondent. The hearing was conducted in hybrid mode with legal representation present for both parties - Mr. Aman A. Mir, Advocate for the Appellant and Ms. Soumya Dharwa, Advocate for Respondent-2.
Final Outcome
The NCLAT bench comprising Justice Yogesh Khanna (Officiating Chairperson) and Ajai Das Mehrotra (Member Technical) adjourned the matter and listed the appeal for next hearing on 15th October, 2026. No substantive orders were passed on the merits of the case during this hearing.
Topics: Insolvency Appeal, NCLAT Proceeding