Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: October 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) was scheduled to hear Comp. App. (AT) (Ins) No. 868 of 2023 along with I.A. No. 2950 of 2023. The appeal involves J.C. Flowers Asset Reconstruction Pvt. Ltd. as the appellant and Hemant Mehta, in his capacity as the Liquidator for Pan India Utilities Distribution Co. Ltd, as the respondent. The matter could not be heard on the scheduled date due to paucity of time.
Final Outcome
The bench, consisting of Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical), adjourned the hearing. The appeal has been listed for the next hearing on November 16, 2026. No substantive matters were discussed or decided in this order.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment