Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 18 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals related to the Corporate Insolvency Resolution Process (CIRP) of Rolta India Ltd. Company Appeal (AT) (Insolvency) No. 1940 of 2024 was filed by the Workmen of Rolta India Ltd. through their Authorized Representative, Ganesh Maral, against Mamta Binani in her capacity as the Resolution Professional. Company Appeal (AT) (Insolvency) No. 1972 of 2024 was filed by an individual, Sanjay Rajaram Nalawade, against Dr. Mamta Binani, the Resolution Professional of Rolta India Ltd. The appeals represent challenges from operational creditors (workmen) and another party against the actions or decisions of the resolution professional overseeing the company's insolvency process.
Final Outcome
The three-member bench, comprising Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical), did not make a substantive ruling on the merits of either appeal. The tribunal issued a procedural order, listing both appeals for the next hearing on 30 September 2026. The matter was simply adjourned for a future date.
Topics: Insolvency Proceedings, NCLAT, Operational Creditors