Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 27 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Comp. App. (AT) (Ins) No. 1253 of 2023, an appeal filed by Steel Authority of India Ltd. (SAIL) against Kamlesh Kr. Singhania, the Liquidator for Technofab Manufacturing Ltd. The appeal relates to insolvency proceedings involving Technofab Manufacturing Ltd. During the hearing conducted in hybrid mode, the Tribunal noted that no time remained for proceedings on that day.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the matter and listed the appeal for next hearing on 2 September 2026. The order represents a procedural adjournment without substantive ruling on the merits of the appeal.
Topics: Insolvency Appeal, Corporate Litigation, Procedural Adjournment