Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 06.08.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Vallabh Steels Limited against Narender Kumar Sharma, the Liquidator of Vallabh Steel West Pvt. Ltd. The appeal challenges an order dated 11.06.2026 passed by the Adjudicating Authority in IA No.563(PB) 2022 in CP(IB)/107(PB)/2019. The matter pertains to insolvency proceedings concerning Vallabh Steel West Pvt. Ltd.
The Appellant filed an application (IA No.5490 of 2026) under Rule 31 of the NCLAT Rules, 2016, seeking exemption from filing a certified copy of the impugned order and from filing typed copies of certain annexures. The Tribunal reviewed the reasons provided in the application and found them satisfactory.
Final Outcome
The Tribunal allowed the application for exemption from filing certified copies, subject to the condition that the Appellant files the impugned order within two weeks from August 6, 2026. The Tribunal issued notice to the Respondent (the Liquidator) on both the application for condonation of delay and on the main appeal. The Appellant was directed to provide the respondent's email address and mobile number to the Registry for service of notice. The case has been listed for the next hearing on September 24, 2026.
Topics: NCLAT Procedure, Insolvency Appeal, Liquidator Dispute