Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 23 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals filed by Sanghi Steel Udyog Pvt. Ltd. The appeals are numbered Company Appeal (AT) (Insolvency) No. 1049 of 2026 (with I.A. No. 4137 of 2026) and Company Appeal (AT) (Insolvency) No. 1050 of 2026 (with I.A. No. 4141 of 2026).
In Appeal No. 1049, the appellant is Sanghi Steel Udyog Pvt. Ltd., and the respondents are Neeraj Kejriwlal (Resolution Professional) and Mountview Consultancy Pvt Ltd. (and another respondent). In Appeal No. 1050, the appellant is again Sanghi Steel Udyog Pvt. Ltd., and the sole respondent is Neeraj Kejriwlal in his capacity as Resolution Professional for Mountview Consultancy Pvt Ltd.
Ms. Rachita Arora, Advocate, appeared on behalf of Respondent-1 (the Resolution Professional) in both appeals. The learned counsel for the Appellant (Sanghi Steel Udyog Pvt. Ltd.) was not present at the hearing.
Final Outcome
Due to the absence of the appellant's counsel, the NCLAT bench adjourned the hearing of both appeals. The matters have been relisted for the next hearing on 13 August 2026. The order was passed by a three-member bench consisting of Justice Yogesh Khanna (The Officiating Chairperson), Barun Mitra (Member - Technical), and Ajai Das Mehrotra (Member - Technical).
Topics: Insolvency, Legal Proceedings