Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 29 September 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench issued a procedural order connecting three separate appeals related to the corporate insolvency resolution process of Button Industries Private Limited. The appeals are:
1. Comp. App. (AT) (Ins) No. 1835 of 2026: Filed by Wellfin Corporation and Madhav Solar Pvt. Ltd. against Bhavan Trivedi (Erstwhile Resolution Professional of Button Industries Private Ltd.) and Others.
2. Comp. App. (AT) (Ins) No. 1852 of 2026: Filed by The Committee of Creditors of Button Industries Pvt. Ltd. (through its sole member Neurich Nutrifoods Limited) against Wellfin Corporation and Others.
3. Comp. App. (AT) (Ins) No. 1853 of 2026: Filed by Bhavan Trivedi (Erstwhile Resolution Professional of Button Industries Pvt. Ltd.) against the Income Tax Department and Others.
The order notes that through consensus arrived at between the learned counsel for the parties, Appeals No. 1852 and 1853 of 2026 are to be connected with Appeal No. 1835 of 2026.
Final Outcome
The NCLAT bench comprising Justice Mohammad Faiz Alam Khan (Member-Judicial) and Naresh Salecha (Member-Technical) ordered that all three connected appeals be listed for hearing on September 30, 2026, under the same caption. This is a procedural order that connects the cases but does not adjudicate on the merits of any appeal.
Topics: Insolvency Proceedings, NCLAT Appeals, Corporate Resolution