Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 03.09.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an interlocutory application in an insolvency appeal between Witmans Industries Pvt. Ltd. (Appellant) and B M G Chemicals Pvt. Ltd. & Anr. (Respondents). The matter was listed as I.A. No. 6266, 6275 of 2026 in Comp. App. (AT) (Ins) No. 1542 of 2025. The hearing was conducted in hybrid mode with legal representation present for both parties: Mr. Anuj Solanki represented the Appellant, while Mr. J. Rajesh, Mr. MD Arsalan Ahmed, Mr. Yashwardhan Aggarwal, and Mr. Ali Abbas Masoodi represented the Respondents. The bench comprised Justice Mohammad Faiz Alam Khan (Member - Judicial) and Naresh Salecha (Member - Technical).
Final Outcome
The Tribunal adjourned the appeal due to time constraints, noting "No time left" for hearing the matter on 03.09.2026. The case was relisted for the next hearing on 08.09.2026. No substantive arguments were heard, and no decisions were made on the merits of the case.
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