Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 21st July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi was hearing Company Appeal (AT) (Insolvency) No. 1275 of 2025. The appeal involves Suwarna Buildcon Pvt. Ltd. as the appellant challenging Sadbhav Engineering Ltd. as the respondent. The matter was presented before a bench consisting of Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical). Mr. Shikhar Khare represented the appellant, while the respondent was represented by Mr. Mahesh Agarwal, Mr. Rishi Agarwala, and Ms. Sanjivani Patt Joshi.
Final Outcome
The tribunal adjourned the hearing due to lack of time on 21st July 2026. The appeal has been relisted for the next hearing on 20th August 2026. No substantive arguments were heard or decisions made on the merits of the case during this hearing.
Topics: NCLAT Proceeding, Insolvency Appeal, Adjournment