Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 21 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1357 of 2026, an appeal filed by Pitambar Solvex Pvt. Ltd. (Appellant) against Manju Sharma & Ors. (Respondents). The tribunal noted that the respondent's reply and the appellant's rejoinder had been filed. Counsel for the appellant, Mr. Vivek Sibal (Sr. Adv. with Mr. Nitesh Goyal), requested and was granted permission to place a hard copy of the rejoinder on the record.
Final Outcome
Due to the late hour (4:00 PM), the tribunal found no time to deliberate on the issue and adjourned the matter to 11 September 2026, listing it under the caption "After Notice". Additionally, in pursuance of its earlier orders, the tribunal permitted the parties to make a joint request before the NCLT benches in Delhi and Allahabad for an adjournment of the proceedings pending before those adjudicating authorities beyond the date fixed in this appeal.
The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Topics: Insolvency Appeal, Adjournment, NCLT Proceedings