Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 31 August 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard a procedural matter in Company Appeal (AT) (Insolvency) No. 1437 of 2026 along with I.A. No. 5575 of 2026. The appeal involves Bhushan Power and Steel Ltd as the appellant against Nova Iron and Steel Ltd and another respondent. The matter was presented before a bench comprising Justice Mohammad Faiz Alam Khan (Member - Judicial) and Mr. Naresh Salecha (Member - Technical). Learned counsel for the appellant, Mr. Krishnendu Datta (Senior Advocate) accompanied by Mr. Himanshu Satija, Ms. Alina Merin Mathew, and Mr. Rohan S. Nandy (Advocates) made a request regarding the scheduling of the appeal. Mr. Aalok Jain represented the respondents as advocate.
Final Outcome
The NCLAT bench, considering the request made by the appellant's counsel, directed that the appeal be listed next on 25 September 2026 under the same category. The order was passed in hybrid mode, indicating both physical and virtual hearing options.
Topics: NCLAT Proceedings, Insolvency Appeal, Steel Sector