Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 09.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 2142 of 2024 along with I.A. No. 7991 of 2024. The appeal was filed by Pratibha Industries Ltd. through its Liquidator, Avil Menezes, against respondents VDB Projects Pvt. Ltd. & Anr. The matter pertains to corporate insolvency proceedings. During the hearing, advocates Mr. J. Rajesh, Mr. Dhrupad Vaghani, Ms. Gayatri Mohite, Mr. Md. Arsalan Ahmed, Mr. Yashwardhan Aggarwal and Mr. Ali Abbas Masoodi appeared for the appellant. No advocates appeared for the respondents.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) adjourned the hearing and listed the appeal for next hearing on 04.08.2026. The order was issued in hybrid mode.
Topics: NCLAT, Corporate Insolvency