Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 14 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard six interconnected Company Appeals (AT) (Insolvency) numbered 709, 710, 711, 729, 730, and 731 of 2024. All appeals are directed against Mr. Ramchandra D. Choudhary in his capacity as the Resolution Professional of Vijay Timber Industries Pvt. Ltd., along with other respondents.
The appellants across the six cases are:
- Nakoda Logistics Private Ltd. (Appeal No. 709/2024)
- Anandkumar P Chopra (Appeal No. 710/2024)
- Bhatti Jamnaram Mishrimal (Appeal No. 711/2024)
- Jitendra Kumar Chudiyaram Agarwal (Appeal No. 729/2024)
- Kesarsingh Bhursingh Chaudhary (Appeal No. 730/2024)
- Shruti Timber Pvt. Ltd. (Appeal No. 731/2024)
All appellants were represented by the same legal counsel, Mr. Vivek Jain and Mr. Sadiq Noor, Advocates. No representation was noted for the respondents in any of the appeals. The proceedings were conducted in hybrid mode before a three-member bench consisting of Justice Sharad Kumar Sharma (Member-Judicial), Arun Baroka (Member-Technical), and Indevar Pandey (Member-Technical).
Final Outcome
The NCLAT bench ordered that all six appeals be listed for hearing on October 1, 2026. The order represents a procedural adjournment rather than a substantive decision on the merits of the insolvency-related appeals.
Topics: Insolvency Proceedings, NCLAT Adjournment, Corporate Litigation