Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: June 24, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard Comp. App. (AT) (Ins) No. 1072 of 2026 along with interconnected applications I.A. No. 4209, 4210, 4211, and 4212 of 2026. The appeal involves Vaibhav Mercantile Ltd. as the appellant against respondent S. Kaliyammal. The tribunal conducted the proceedings in hybrid mode. The order specifically addresses I.A. No. 4211 of 2026, which pertains to procedural requirements for advancing the appeal.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Barun Mitra (Member-Technical) directed that notice be issued to the respondents. The appellant was instructed to complete all requisite procedural steps within four working days from the order date. The matter was subsequently listed for the next hearing on July 16, 2026, contingent upon compliance with these procedural requirements.
Topics: NCLAT Proceeding, Corporate Legal Dispute, Insolvency Appeal