Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 30 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1264 of 2026 along with I.A. No. 4835 and 4895 of 2026. The appeal was filed by Maharashtra State Power Generation Company Ltd. (through its Chairman & Managing Director) as the Appellant against Respondents Keshav Khaneja Engineering Ltd. and the Resolution Professional of Gensol. The hearing was conducted in hybrid mode with legal representation from both sides: Mr. Shubharanjani Ananth, Mr. Nishant Sharma, Mr. R. Soumya, and Mr. M. Dwarakanath represented the Appellant, while Ms. Srideepa Bhattacharya, Ms. Neha Shivhare, and Ms. Anoushka Chauhan represented the Respondents.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the appeal to 04 August 2026 based on a request made by the Learned Counsel for the Appellant. The matter will be listed under the same caption on the new hearing date.
Topics: NCLAT Proceedings, Corporate Insolvency, Adjournment