Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: October 13, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard Restoration Application (AT) No. 02 of 2026, which was filed in connection with Company Appeal (AT) (Ins.) No. 304 of 2024. The application involves Sahara Export Pvt. Ltd. as the appellant and About U Fashions Pvt. Ltd. as the respondent. The matter represents ongoing insolvency-related litigation between the two corporate entities.
Final Outcome
The bench, comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical), noted "No time left" for hearing the application on the current date. Consequently, the tribunal adjourned the matter and listed the restoration application for the next hearing on November 27, 2026. No substantive arguments were heard or decisions made on the merits of the case during this proceeding.
Topics: NCLAT Proceedings, Insolvency Appeal, Adjournment