Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi

Order Date: September 2, 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1071 of 2024, an insolvency appeal filed by Suresh Gupta (Appellant) against B. E. Billimoria & Company Ltd. (Respondent). The proceeding was conducted in hybrid mode. The appellant was represented by Ms. Divya Kahshyap, Advocate, while the respondents were represented by Mr. Sumesh Dhawan, Mr. Dhaval Deshpande, Ms. Neha Arya, Ms. Kavya Tekriwal, and Ms. Khusboo Sai Khurana, Advocates.

Final Outcome

The NCLAT granted an adjournment based on a request made by the Learned Counsel for the Appellant. The company application was accordingly rescheduled and directed to be listed on October 6, 2026. The order was issued by a three-member bench consisting of Justice Sharad Kumar Sharma (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical).

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