Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 13 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Comp. App. (AT) (Ins) No. 1466 of 2026, an appeal filed by Mahavir Ship Breakers through its authorized representative Parkash Nautiyal. The appeal is against Ganga Ram Aggarwal, the Liquidator of Leel Electricals Ltd., and other respondents. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical). Legal representation included Mr. Nakul Mohta, Mr. Sachin S, Mr. Hitesh Nagar, and Mr. Amulya Upadhyay for the appellant, while Mr. Abhirup Dasgupta and Ms. Vagisha Tiwari represented respondents 2 & 3, and Mr. Niraj Chamyal with Ms. Ritika Gaur represented the Liquidator.
Final Outcome
The Tribunal adjourned the hearing due to time constraints. The appeal has been rescheduled and listed for hearing on 16 November 2026. No substantive matters were discussed or decided in this order.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment