Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Order Date: 21 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected appeals, Comp. App. (AT) (Ins) No. 1610 of 2026 and Comp. App. (AT) (Ins) No. 1647 of 2026. Both appeals were filed by the same appellants, Dhirajlal Ghusabhai Hirpara & Anr., against the same respondent, Sushil Vishwakant Tewary, who is the Liquidator of Champion Agro Ltd. The appellants were represented by advocates Mr. Palash S. Singhai, Mr. Harshal Sareen, and Ms. Aashima Gautam. The hearing was conducted in hybrid mode.
Upon request from the appellants' counsel, the Tribunal ordered that the two appeals be connected for hearing purposes, with CA (AT) (Ins) No. 1647 of 2026 being connected to CA (AT) (Ins) No. 1610 of 2026.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Arun Baroka (Member-Technical) issued procedural directions. Notice was ordered to be issued to the sole respondent, the liquidator, by all possible means including Dasti (hand delivery). The appellants were directed to complete all necessary steps for notice issuance within 24 hours. The connected appeals were listed for further hearing on October 1, 2026, and are to be placed among the first ten cases on the cause list for that day.
Topics: Corporate Insolvency, NCLAT Proceedings, Liquidation