Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 13th August, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) is hearing three consolidated appeals related to the liquidation of Jet Airways (India) Ltd.
The appellants are Delhi International Airport Limited (in Company Appeal (AT) (Insolvency) No. 717 of 2026) and Mumbai International Airport Ltd. (in Company Appeal (AT) (Insolvency) No. 522 & 523 of 2026). The appeals are filed against Satish Kumar Gupta, the Liquidator of Jet Airways India Ltd., indicating a challenge to certain actions or decisions taken during the liquidation process.
The State Bank of India (SBI) is also represented as an interested party in the proceedings, suggesting it has a significant stake or claim in the outcome. The nature of the specific disputes or allegations raised by the airport operators against the liquidator is not detailed in this procedural order.
Final Outcome
The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members Barun Mitra and Ajai Das Mehrotra, has adjourned the hearing of all three appeals. The next date of hearing is scheduled for 21st September, 2026. No substantive decisions on the merits of the appeals were made in this order.
Topics: Insolvency Litigation, Aviation Sector, Creditor Disputes