Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 08 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an insolvency appeal, Comp. App. (AT) (Ins) No. 1500 of 2025. The appellant was Mr. Devendra Kumar Lodha, acting in his capacity as the Resolution Professional (RP) of Mainframe Energy Solutions Pvt. Ltd. The respondents were the Committee of Creditors of the company and another unnamed party (Anr.). The proceeding was conducted in hybrid mode. Advocates represented both parties: Mr. Devendra Lodha appeared for the appellant, while a team of advocates represented the respondent Committee of Creditors.
Final Outcome
The two-member bench, comprising Justice N. Seshasayee (Member - Judicial) and Barun Mitra (Member - Technical), did not make any substantive ruling on the appeal. The sole directive was to adjourn the proceedings. The appeal was listed for its next hearing on 12th August 2026. No details of the underlying dispute, allegations, or the nature of the appeal were discussed in this order.
Topics: Insolvency Appeal, NCLAT Proceeding