Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 08 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected company appeals related to the insolvency proceedings of Hindustan National Glass & Industries Ltd (HNGIL). The appeals are Company Appeal (AT) (Insolvency) No. 1529 of 2025 with I.A. No. 3442 of 2026 filed by Mukul Somany & Anr. as appellants versus Girish Sriram Juneja & Ors. as respondents, and Company Appeal (AT) (Insolvency) No. 1589 of 2025 with I.A. No. 2282 of 2026 filed by Durvish Vyapaar Pvt. Ltd. as appellant versus Girish Sriram Juneja & Ors. as respondents. The appeals challenge orders related to the corporate insolvency resolution process of HNGIL. Multiple legal representatives were present for the various parties involved, including advocates for the appellants, respondents, intervenors, and specifically for HNGIL represented by Senior Advocate Mr. Abhimanyu Bhandari.
Final Outcome
The NCLAT bench consisting of Officiating Chairperson Justice Yogesh Khanna, Member (Technical) Mr. Barun Mitra, and Member (Technical) Mr. Ajai Das Mehrotra ordered that both appeals be listed for hearing on 26 November 2026. This is a procedural adjournment with no substantive ruling on the merits of the appeals at this stage.
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