Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 07.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi has listed an insolvency appeal for hearing. The appeal, Comp. App. (AT (Ins) No. 1269 of 2025, along with I.A. No. 4970 of 2025, involves Sumat Kumar Gupta, the Erstwhile Resolution Professional of Bharat Papers Ltd., as the Appellant. The Respondents include Jammu & Kashmir Bank & Others. The case appears to relate to insolvency proceedings concerning Bharat Papers Ltd.
Final Outcome
The Tribunal, comprising Justice N Seshasayee (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical), has scheduled the next hearing of this appeal for 20th August 2026. The order was passed in hybrid mode.
Topics: Insolvency Appeal, Corporate Insolvency, NCLAT Proceedings