Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a procedural order in Comp. App. (AT) (Ins) No. 37 of 2025. The appeal was filed by Rajasthan State Industrial Development And Investment Corporation Ltd. (Appellant) against Kalpataru Global Venture Pvt. Ltd. & Anr. (Respondents). The nature of the underlying insolvency proceedings is not detailed in this specific order. Advocates Karan Pratap Singh, Nishant Saraf, and Rishika Pareek were present and on record for Respondent No. 1 (Kalpataru Global Venture Pvt. Ltd.). The appearance for the Appellant was not marked in the order.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), adjourned the hearing of the appeal. The order states the adjournment was due to "No time left." The appeal has been rescheduled and listed for the next hearing on 09.09.2026. No substantive rulings on the merits of the case were made in this order.
Topics: NCLAT, Insolvency Appeal, Adjournment