Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 08 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard two connected insolvency appeals:
1. Company Appeal (AT) (Insolvency) No. 400 of 2026: Narang Developers Pvt. Ltd. (through its Resolution Professional Mr. Rakesh Bothra) versus Csango Industries Pvt. Ltd.
2. Company Appeal (AT) (Insolvency) No. 407 of 2026: Narang Developers Pvt. Ltd. (through its Resolution Professional Mr. Rakesh Bothra) versus Pacific Link Export Industries Pvt. Ltd.
The appeals were presented before a bench consisting of Justice Yogesh Khanna (Officiating Chairperson), Mr. Barun Mitra (Member - Technical), and Mr. Ajai Das Mehrotra (Member - Technical). Mr. Tarak Shah and Mr. Om Vane, Advocates, represented the Appellant (Narang Developers). No representatives appeared for the Respondents (Csango Industries and Pacific Link Export Industries).
The order does not provide details about the nature of the underlying dispute, allegations, or substantive matters being appealed. The document represents a procedural hearing note rather than a substantive ruling.
Final Outcome
The NCLAT bench adjourned both appeals and listed them for the next hearing on 28 October 2026. This is purely a procedural order that schedules the next hearing date without addressing the merits of the cases.
This content may not be financially relevant as it contains only procedural scheduling information without substantive financial or legal determinations.