Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: July 21, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard procedural matters in Company Appeal (AT) No. 208 of 2022 along with connected Interlocutory Applications (I.A. No. 4782 of 2024, 1782, and 7085 of 2025). The appeal involves MBL Infrastructure Ltd as the appellant against Orissa Steel Expressway Pvt. Ltd. and Others as respondents. Multiple advocates represented the parties: Mr. Ratnanko Banerji, Mr. Shaunak Mitra, Mr. K. Kejriwal, and Ms. Anusuya Salwan for the appellant; Mr. Sanjeev Singh, Ms. Sandipa Bhattacharjee, and Ms. Anshita Argal for Respondent 2/SREI; Mr. Kunal Godhwani, Ms. Kinjal Chadha, and Ms. Devisi B. for Respondent 3; and Mr. Arjun Syal and Mr. Jimut Baran Mahopatra Baron for Respondent 1.

Final Outcome

The Tribunal adjourned the hearing of the company appeal to July 22, 2026, based on the request of learned counsel for the parties. The Tribunal directed the appellant's counsel to file a hard copy of the Rejoinder in the Registry, which would be accepted and placed on the record of the Company Appeal. The order was passed in hybrid mode by Justice Sharad Kumar Sharma (Member Judicial) and Arun Baroka (Member Technical).

Topics: NCLAT Proceeding, Corporate Litigation, Adjournment