Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 05 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard four interconnected company appeals related to insolvency proceedings involving Tayo Rolls Ltd. and Tata Steel Ltd. The appeals included Company Appeal (AT) (Insolvency) No. 330 of 2025 (Suresh Narayan Singh vs. Anish Agarwal Resolution Professional of Tayo Rolls Ltd. & Ors.), Company Appeal (AT) (Insolvency) No. 396 & 397 of 2025 (also concerning Tayo Rolls Ltd. & Ors.), Company Appeal (AT) (Insolvency) No. 178 of 2025 (Jharkhand Bijli Vitran Nigam Ltd. as appellant), and Company Appeal (AT) (Insolvency) No. 369 of 2025 (Suresh Narayan Singh vs. Tata Steel Ltd. & Anr.). Senior Advocate Mr. Krishnendu Datta, along with advocates Mr. Zain A. Khan, Mr. Kumar Anurag Singh, and Mr. Mohd. Abran Khan, represented certain parties. Senior Advocate Mr. Arvind Thapliyal, along with advocates Mr. Siddharth Pandey and Mr. Daksh Jain, represented other parties, specifically Respondent-3 in various appeals.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) noted that there was no time left to hear the matters. Consequently, all appeals were adjourned and listed for next hearing on 03 September 2026.
Topics: Insolvency Appeals, Corporate Litigation, Adjournment