Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Company Appeal (AT) (Insolvency) No. 427 of 2025 along with Interim Applications numbered I.A. No.3828, 3829, 5226, and 5227 of 2025. The appeal was filed by Godiva Properties Pvt. Ltd. as the appellant against the Resolution Professional of Golden Tobacco Ltd., Sanjay Borad, and other respondents. The matter involves insolvency proceedings related to Golden Tobacco Ltd.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the hearing due to time constraints. The appeal has been listed for next hearing on 27 October 2026. No substantive arguments were heard or decisions made on the merits of the case during this hearing.
Topics: Insolvency Appeal, NCLAT Proceeding, Case Adjournment