Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 17, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Company Appeal (AT) (Insolvency) No. 33 of 2025. The appellant is Alok Murarka, who appears to be the Resolution Professional for Worlds Window Trading Pvt. Ltd. The respondent is Punjab National Bank DIFC, Dubai. The appeal concerns insolvency proceedings involving these parties. During the hearing on July 17, 2026, only the appellant's counsel, Mr. Uday Bedi, Advocate, was present. The respondent had no representation.
Final Outcome
The three-member bench comprising Justice N Seshasayee (Member Judicial), Arun Baroka (Member Technical), and Indevar Pandey (Member Technical) issued a procedural order to adjourn the matter. The appeal has been listed for the next hearing on August 24, 2026. No substantive decisions on the merits of the case were made in this order.
Topics: Insolvency Appeal, NCLAT Proceeding