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

Order Date: 17 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Company Appeal (AT) (Insolvency) No. 2173 of 2024. The appellant is Omkara Assets Reconstruction Pvt. Ltd., while the respondents are Rajesh Jhunjhunwala & Others. The appeal was presented before a three-member bench consisting of Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical). The appellant was represented by advocates Mr. Ashish K. Singh and Mr. Harshit S. Gahlot, while no representation appeared for the respondents.

Final Outcome

The NCLAT bench ordered that the appeal be listed for hearing on August 24, 2026, effectively adjourning the matter. The order was passed in hybrid mode, indicating proceedings were conducted both physically and virtually.

Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment