Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 27 October 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) has issued a procedural order in Company Appeal (AT) (Insolvency) No. 1794 of 2025 along with I.A. No. 7006 of 2025. The appeal has been filed by the Board of Deendayal Port Authority as the appellant against Mavent Restructuring Services LLP, which is acting in the capacity of Liquidator of PSL Ltd., as the respondent. The matter involves insolvency proceedings related to PSL Ltd., with Deendayal Port Authority challenging some aspect of the liquidation process. The order was passed in hybrid mode hearing.
Final Outcome
The NCLAT bench comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra has listed the appeal for next hearing on 19 January 2027. This is a procedural order that does not decide any substantive issues in the case but merely schedules the matter for future hearing.
Topics: Insolvency Appeal, Port Authority, Liquidation Process