Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 24 July 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench, comprising a three-member bench with Justice Yogesh Khanna as Officiating Chairperson along with Members Barun Mitra and Ajai Das Mehrotra, has listed four company appeals along with multiple interlocutory applications for hearing. The appeals are consolidated into two groups:
- Company Appeal (AT) (Insolvency) Nos. 866 & 867 of 2026 along with I.A. Nos. 3420, 3421, 3424, and 3425 of 2026, where B. D. Agarwal is the appellant versus Suman Kumar Verma & Anr. as respondents.
- Company Appeal (AT) (Insolvency) Nos. 868 & 869 of 2026 along with I.A. Nos. 3426, 3427, 3430, and 3431 of 2026, where Countertops and Cabinets (India) Pvt. Ltd. is the appellant versus Suman Kumar Verma & Ors. as respondents.
Legal representation includes Mr. Sumant Batra, Mr. Sarthak Bhandari, and Ms. Riya Kaur Arora for appellant B. D. Agarwal; Mr. Kunal Godhwani, Ms. Kinjal Chadha, and Ms. Devisi Bhuwalka for appellant Countertops and Cabinets (India) Pvt. Ltd.; and Mr. Karan Gandhi, Mr. Sikhar Tiwari for the Resolution Professional, and Mr. Abhishek Anand for the Committee of Creditors (CoC).
Final Outcome
The Tribunal has directed that all these appeals and connected applications be listed for hearing on 31 July 2026. This is a procedural order for listing the matters without any substantive decision on the merits of the cases.
Topics: Insolvency Appeals, NCLAT Proceedings, Corporate Litigation