Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi heard Company Appeal (AT) (Insolvency) No. 1233 of 2026 between Shambhu Technology Services Pvt. Ltd. (Appellant) and OFB Tech. Ltd. (Respondent). The appeal relates to insolvency proceedings. The appellant was represented by advocates Mr. Kunal Sabharwal, Mr. Damandeep Singh Bhalla, Mr. Sahil Chopra, Ms. Renu Sharma, and Ms. Surabhi Sharma. The respondent was represented by Senior Advocate Mr. Gaurav Mitra with advocates Mr. Samer Abhyankar, Mr. Aakash Thakur, and Ms. Yashika. The hearing was conducted in hybrid mode.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Officiating Chairperson) along with Member (Technical) Barun Mitra and Member (Technical) Ajai Das Mehrotra, adjourned the matter for clarification. The appeal is now listed for next hearing on 01 September 2026.
Topics: Insolvency Appeal, NCLAT Proceeding, Corporate Litigation