Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 10th August, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard three consolidated company appeals related to insolvency proceedings against Steel Cube India LLP. The appeals were filed by different appellants: (1) Rytham Alloys Pvt Ltd & Anr., (2) Garima Arun Verma, Sole Proprietor of Sai Trading Company, and (3) Ankit Anilkumar Verma & Ors. All appeals are directed against Steel Cube India LLP & Ors. as respondents.
Counsel for all parties confirmed that pleadings have been exchanged in all appeals. The bench comprising Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) heard the matter in hybrid mode.
Final Outcome
The NCLAT adjourned all three appeals and listed them for 'Admission (After Notice)' on 5th October, 2026. The bench directed all parties to submit their respective written submissions before the next hearing date. The appeals remain pending with no substantive decision on merits rendered in this order.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation