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

Order Date: 26 October 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals: Company Appeal (AT) (Insolvency) No. 1948 of 2026 and Company Appeal (AT) (Insolvency) No. 1950 of 2026. The appeals involve Pintail Realty Developers Private Limited (formerly known as Arindam Sekhar Garments Marketing Private Limited) as the appellant in both matters. The respondents include Prem Chand Goyal (Resolution Professional) and Dwarikadhish Spinners Limited. The appeals appear to be related to insolvency proceedings concerning Dwarikadhish Spinners Limited.

Final Outcome

The NCLAT granted the appellant (Pintail Realty Developers Private Limited) three days' time to carry out necessary corrections in the cause title of Company Appeal (AT) (Insolvency) No. 1950 of 2026, in compliance with a previous order. The matter has been adjourned and listed for further hearing on November 2, 2026, before the three-member bench consisting of Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).

Topics: Insolvency Appeals, NCLAT Proceedings