Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 17 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi is hearing Company Appeal (AT) (Ins) No. 727 of 2024. The appeal involves Shark Mines & Minerals Pvt Ltd as the appellant and Maithan Ispat Ltd as the respondent. The case appears to be an insolvency-related matter given the "(Ins)" designation in the appeal number. During the hearing on 17 July 2026, no advocate appeared on behalf of the appellant (Shark Mines & Minerals Pvt Ltd). Advocates Mr. Saswat K. Acharya and Mr. Dhananjay Bhaskar Ray represented the respondent (Maithan Ispat Ltd). The three-member bench consisted of Justice N Seshasayee (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).
Final Outcome
The NCLAT bench adjourned the hearing and listed the appeal for the next hearing on 17 August 2026. No substantive decisions on the merits of the case were made in this order, which solely addressed the procedural matter of adjournment due to the appellant's non-appearance.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment