NCLAT Lists Flowstrong Drills vs Deep Industries Appeal

Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 23 July 2026

Case Overview

This is a procedural order in an insolvency appeal. The appellant is Flowstrong Drills Pvt. Ltd. and the respondent is Deep Industries Ltd. The appeal is registered as Company Appeal (AT) (Insolvency) No. 226 of 2026, with a connected Interlocutory Application numbered I.A. No. 822 of 2026. The matter was heard in hybrid mode. The legal representatives for the appellant were Mr. Sanjay Malak Bhatt, Mr. Rohan Shah, and Ms. Samridhi Agarwalla, Advocates. The respondent was represented by Mr. Shubham Kulshreshtha and Mr. Satya Rath, Advocates. The bench comprised Justice Sharad Kumar Sharma (Member - Judicial), Arun Baroka (Member - Technical), and Indevar Pandey (Member - Technical).

Final Outcome

The tribunal did not rule on the merits of the case but issued a procedural directive to list the appeal for its next hearing on September 17, 2026. The outcome of the substantive appeal remains pending.

Topics: Insolvency Appeal, NCLAT Proceeding