Appellants filed contempt petition against liquidator for alleged breach of NCLAT's 11.03.2026 order regarding asset sale proceeds.
Liquidator claims sale was completed and proceeds disbursed to SBI on 17.02.2026, before the NCLAT order was passed.
Tribunal deferred contempt decision pending verification of disbursement date and consideration of IA No. 2328/2026.
Case involves corporate debtor Transparent Energy Systems Pvt Ltd under liquidation with pending Supreme Court appeal.