Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 22 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1735 of 2024 along with I.A. Nos. 6340, 6341, and 6342 of 2024. The appeal was filed by the Consortium of SKM Steels Ltd & Mr. Shankar Sevia Pawar against respondents Vijay Kumar Adnala & Others. The matter represents an insolvency-related appeal proceeding before the appellate tribunal.
Multiple advocates appeared for the parties: Mr. Namit Suri and Mr. Ravi represented the appellants, while various advocates represented the respondents - Mr. Amey Hadwale and Ms. Geeta Lundwani for Respondent-3, Mr. Harshit Khare, Mr. Prafful Saini and Mr. Ayuj Agrawal for Respondent-4, Mr. Yasir D. Pathan and Ms. Ajinkya Kurdukar for Respondent-2, and Mr. Rishi Kapoor, Mr. Azad Bansala and Mr. Nadeem Arman for Respondent-1.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the hearing, citing "no time left" for proceedings on July 22, 2026. The appeal has been listed for next hearing on August 24, 2026. No substantive hearing or decision on merits occurred during this session.
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