Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 07.09.2026
Case Overview
This is an order from the National Company Law Appellate Tribunal (NCLAT) in an insolvency appeal. The appellants are Subodhkumar Jain & Others. The respondent is Nimai Gautam Shah in his capacity as the Liquidator of Eternal Motors Pvt. Ltd. The appeal was listed for hearing on 7th September 2026. The bench, comprising Officiating Chairperson Justice Yogesh Khanna and Members (Technical) Mr. Barun Mitra and Mr. Ajai Das Mehrotra, heard arguments from the appellants' counsel, Mr. Malak Bhatt and Ms. Chhavi Tokar. No one appeared for the respondents.
Final Outcome
The tribunal did not rule on the merits of the case. The sole direction was to list the appeal (Company Appeal (AT) (Insolvency) No. 1240 of 2026) for its next hearing on 16th November 2026. The matter was adjourned.
Topics: Insolvency, NCLAT, Litigation