Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard a scheduling matter in Comp. App. (AT) (Ins) No. 633 of 2026. The appellant is A-One Phthalo Colors Pvt. Ltd., appealing against Sanjay Bulakichand Borad in his capacity as the Resolution Professional of Nirbhay Rasayan Pvt. Ltd. The appeal appears to relate to corporate insolvency resolution proceedings involving Nirbhay Rasayan Pvt. Ltd. Legal representation was present for both parties: Mr. Arjun R. Sheth and Rishabh Shah, Advocates for the Appellant, and Mr. Karan Valecha, Advocate for the Respondent Resolution Professional. The order was issued in hybrid mode by a bench consisting of Justice Yogesh Khanna (The Officiating Chairperson) and Barun Mitra (Member (Technical)).
Final Outcome
The Tribunal ordered that the appeal be listed for hearing on August 12, 2026. This is a procedural order that schedules the matter for future consideration without addressing the substantive merits of the appeal.
Topics: Insolvency Appeal, Corporate Litigation, NCLAT Proceedings